The national average diesel price shot up more than 11 cents per gallon for the week ending Monday, April 2. The reported price is 17.3 cents higher per gallon than a year ago.
Analysts quoted by various media say tension in the Middle East – particularly with Iran – has been a factor in crude oil trading. Domestically, a slight rebound in supply recently has still not caught up with early spring demands, according to other media reports.
The combined average price for on-highway low-sulfur diesel and ultra-low sulfur diesel was $2.790, which was 11.4 cents higher than the previous price of $2.676 reported the previous week by the U.S. Energy Information Administration.
The EIA reported a national average price of $2.751 for low-sulfur diesel, up 11.7 cents from the previous week, while ULSD had an average price of $2.803, up 11.3 cents.
The EIA reports combined averages and separate averages on a national level, while prices for ULSD are further broken down into nine reporting regions.
more...
Analysts quoted by various media say tension in the Middle East – particularly with Iran – has been a factor in crude oil trading. Domestically, a slight rebound in supply recently has still not caught up with early spring demands, according to other media reports.
The combined average price for on-highway low-sulfur diesel and ultra-low sulfur diesel was $2.790, which was 11.4 cents higher than the previous price of $2.676 reported the previous week by the U.S. Energy Information Administration.
The EIA reported a national average price of $2.751 for low-sulfur diesel, up 11.7 cents from the previous week, while ULSD had an average price of $2.803, up 11.3 cents.
The EIA reports combined averages and separate averages on a national level, while prices for ULSD are further broken down into nine reporting regions.
more...
