The US national average retail diesel price fell to $5.998 a gallon on November 14, moving below $6 for the first time in two months, according to GasBuddy data reported by Reuters. Diesel had peaked at a record $6.519 on September 22 amid supply disruptions and refinery constraints.
Brent crude futures dropped 18.5% over the preceding two weeks. Autumn’s weaker driving demand, lower hurricane risk and the end of much refinery maintenance also helped, though the price remains historically high and continues to influence freight, farming and consumer costs.
Go to the source
This is an original summary, not a republication of the full report.
Read the original at Reuters ↗


