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Diesel prices head up for first time in four weeks


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The average price per gallon of diesel gasoline headed up 2.4 cents to $2.556 per gallon this week, according to data issued by the Department of Energy’s Energy Information Administration (EIA).

This snaps a three-week stretch on declines of 0.7 cents, 2.5 cents, and 1.5 cents, respectively.

That recent run of declines was preceded by a five-week run of mini-gains, which saw from the week of February 6 to the week of March 6, with the average price seeing a cumulative 2.1-cent gain.

The average price per barrel of West Texas Intermediate Crude headed up over $50 per barrel, following a stretch of weeks under $50 due to high inventories.

Compared to the same week a year ago, the average price per gallon of diesel is up 44.1 cents. 


Article Topics

Diesel
Diesel Prices
EIA
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About the Author

Jeff Berman's avatar
Jeff Berman
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review and is a contributor to Robotics 24/7. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis.
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