US diesel exceeds $6 per gallon
The average price of diesel in the United States has surpassed $6 per gallon for the first time ever, marking an increase of about $2.30 compared to the previous year. This surge occurred despite a 13% decline in inventories to 106.3 million barrels, even as refinery runs increased. The rise coincides with oil prices climbing back above $100 per barrel amid escalating tensions between the United States and Iran, which is expected to raise the costs of transportation, services, and goods throughout the supply chain.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)