Home > Tools > News > Cheap Diesel Likely To Undercut Freight In Oil Sector, Further Depress Truck Orders
Apr 09, 2020 at 08:34 AM CST
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A feud over oil prices between Saudi Arabia and Russia that began in early March, combined with a decrease in demand as a result of the global COVID-19 pandemic, has caused crude oil prices around the world to plummet. This has led to lower diesel prices at the pump for fleets in recent weeks – a trend that experts say is likely to continue in the coming months. |