Originally published at: Benchmark diesel price is down; so is futures market in a big way - FreightWaves
The benchmark price used for most fuel surcharges rose/fell slightly this week, but the focus in oil markets is on the huge decline in futures market prices recorded Monday. The Department of Energy/Energy Information Administration average weekly retail diesel price fell to $6.292/gallon, a decline of 6 cts/g, effective Monday, published Tuesday. That price would…