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EN
Diesel prices see declines with forecasts of more ahead as OPEC continues to boost supply
['John D. Schulz']
Logistics Management News
Diesel prices are dropping with forecasts of more to come, in a speck of good news for shippers and carriers alike.
Predicting future diesel prices has proven to be a fool’s game among trucking executives.
Yet, diesel prices in the U.S. remain largely unmoved, even dropping a bit.
The supplied volumes are up a robust 7.7% year-over-year, coming in at 3.9 million barrels a day, according to Flynn.
Crude oil forecasts show the Brent worldwide oil prices hovering around $63.50 in the fourth quarter.
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