Diesel average sees first increase in 14 weeks, according to EIA data

The average price per gallon for diesel gasoline saw its first increase in 14 weeks, according to data issued by the Department of Energy’s Energy Information Administration this week.

With a 2 cent gain to $2.534 per gallon, the national weekly average price is up for the first time since it increased from $2.904 the week of May 18 to $2.914 the week of May 25.

During the 14-week stretch of declines from May 25 to August 31, the cumulative price of diesel dropped 40 cents, with the $2.514 average recorded the week of August 31 standing as the lowest weekly price since July 27, 2009, when it was at $2.542.

Oil is currently trading at $48.82 per barrel on the New York Mercantile Exchange at press time.