• ITVI.USA
    15,625.860
    -41.020
    -0.3%
  • OTRI.USA
    23.260
    0.130
    0.6%
  • OTVI.USA
    15,627.960
    -42.190
    -0.3%
  • TLT.USA
    2.790
    -0.010
    -0.4%
  • TSTOPVRPM.DALLAX
    1.510
    -0.070
    -4.4%
  • TSTOPVRPM.ATLPHL
    3.390
    -0.060
    -1.7%
  • TSTOPVRPM.CHIATL
    2.840
    -0.080
    -2.7%
  • TSTOPVRPM.PHLCHI
    1.980
    -0.060
    -2.9%
  • TSTOPVRPM.LAXDAL
    3.290
    0.080
    2.5%
  • TSTOPVRPM.LAXSEA
    3.900
    0.100
    2.6%
  • WAIT.USA
    124.000
    -3.000
    -2.4%
  • ITVI.USA
    15,625.860
    -41.020
    -0.3%
  • OTRI.USA
    23.260
    0.130
    0.6%
  • OTVI.USA
    15,627.960
    -42.190
    -0.3%
  • TLT.USA
    2.790
    -0.010
    -0.4%
  • TSTOPVRPM.DALLAX
    1.510
    -0.070
    -4.4%
  • TSTOPVRPM.ATLPHL
    3.390
    -0.060
    -1.7%
  • TSTOPVRPM.CHIATL
    2.840
    -0.080
    -2.7%
  • TSTOPVRPM.PHLCHI
    1.980
    -0.060
    -2.9%
  • TSTOPVRPM.LAXDAL
    3.290
    0.080
    2.5%
  • TSTOPVRPM.LAXSEA
    3.900
    0.100
    2.6%
  • WAIT.USA
    124.000
    -3.000
    -2.4%
FuelNewsTrucking

Weekly DOE/EIA diesel price rises 2.1 cents in last week

The weekly average retail diesel price published by the Energy Information Administration arm of the Department of Energy rose to $2.462 a gallon Monday, a one-week increase of 2.1 cents.

The price has now moved up 9 cents in just three weeks.

It comes on the back of continuing strength in oil markets. The commodity price of ultra low sulfur diesel (ULSD) on Monday settled at $1.3105 a gallon, the first time it has been more than $1.30 a gallon since markets plummeted on March 6 as the pandemic took hold on the economy. 

However, that move, while reflecting the strength in the market, would not have been a factor in the DOE/EIA price set Monday. But the market already had made moves higher in the prior week that would have been at least partly reflected in the retail price. The ULSD price settled Friday at $1.2863 a gallon, rising 8.21 cents per gallon from the prior Friday. The wholesale rack price for diesel found in the ULSDR.USA data series in SONAR was up 7.3 cents between last Nov. 16 and Monday.

More articles by John Kingston

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John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.

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