Benchmark diesel falls against as oil market selloff picks up steam

The benchmark diesel price used for most fuel surcharges continued its downward slide this week, but still may have some significant catching-up to do given the sharp downturn going on in petroleum futures markets. The weekly Department of Energy/Energy Information Administration average weekly retail diesel price slid 5.8 cents/gallon to $3.607/gallon. It’s the fourth week in a row the price has fallen, a period during which it has declined 26.1 cts/g. With Tuesday’s settlement of ultra low sulfur dies ...