EnergyHighConfirmedAccelerating
7.6
European diesel hits $199/bbl, nearly double crude, signaling supply crunch
Dagens NyheterLO·EU·2 days ago
US average diesel prices surpassed $6 per gallon for the first time, per EIA data. The agency warns refined product market conditions may not improve in coming months, signaling sustained inflationary pressure on transport and goods. The record price reflects tight refining capacity and elevated crude costs, with no near-term relief expected.