The increase in crude oil prices – and therefore diesel prices – is led by recovering demand and suppressed supply, the roll-out of the COVID-19 vaccine, and falling inventories, analysts say.
February 8, 2021
Oil prices bounced back last week, jumping to more than $30 a barrel. While some see this as a positive, there might be more to consider below the surface, both literally and metaphorically.
May 19, 2020
Diesel prices are once again down this week, dropping an average of 39 cents a gallon since last week and by $1.114 since last year.
April 28, 2020
After West Texas International (WTI) crude prices almost ended last week with historic low of $17.31 per barrel before eventually settling at $18.27, the benchmark price for crude oil in the U.S. dropped to negative $37.63 late Monday.
April 21, 2020
U.S. diesel prices were up nearly 2 cents per gallon from a week ago and more than 6 cents per gallon compared to a year earlier, as crude oil prices rose to their highest since early July.
August 28, 2018
Despite tensions in the Middle East, average diesel fuel prices last week dropped almost 2 cents from the week before, although they’re still 71 cents higher than a year earlier.
July 24, 2018
Expected prices for trucking’s primary fuel as well as for gasoline have been revised higher, due largely to anticipated higher prices for crude oil, according to a new Energy Department report.
May 9, 2018
The average price of a gallon of diesel fuel in the U.S. hit more than $3.15 last week, and in many parts of the country it is much higher than that.
April 30, 2018
The outlook for national average on-highway diesel prices is for them to be higher this year and in 2019 than they were last year and in 2016, but they should at least be fairly stable during this time, according to the latest Short Term Energy Outlook from the U.S. Energy Department.
January 9, 2018
The price of diesel fuel in the U.S. increased to its highest point since June of 2015. Crude oil prices also experienced a similar spike after news broke of a corruption scandal in Saudi Arabia.
November 6, 2017
As a result of the flood damage caused by Hurricane Harvey, fuel prices are rising across the country – but curiously, crude oil prices have dropped at the same time.
August 29, 2017
Lower than earlier forecast crude oil prices are expected to translate into continued low prices at the pumps for both diesel and gasoline, according to a new U.S. Energy Department report.
July 11, 2017
The price of diesel fuel in the U.S. increased for the first time in a month, ending a streak of three straight weeks of price drops, according to the latest numbers from the Energy Department
April 3, 2017
The price of diesel fuel in the U.S. fell again last week, bringing the price to its lowest level since Mid-December when the average price was $2.49 per gallon.
March 27, 2017
The price of diesel fuel continued to slide last week, as the latest numbers from the Energy Department show a two-week trend of falling fuel prices.
March 20, 2017