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Benchmark diesel prices rise and market volatility resumes

FreightWaves ·

CME CME Group Inc
$295.79 +0.16%
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  1. 1The US Department of Energy/Energy Information Administration announced this week's benchmark diesel price of $6.276/g, recording a 9.7 cent/gallon increase.
  2. 2Unconfirmed reports emerged that Qatar and Pakistan proposed starting new talks on Monday to end the war in Iran.
  3. 3Phillips 66 laid off Teamsters union members on Monday afternoon following contract expirations.

So what's the key point?

Diesel prices rose to $6.276 per gallon. The market is experiencing volatility following news of talks to stop the war and news of union member layoffs.

Source FreightWaves · View original ↗

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