Diesel fuel & Gasoline

Diesel fuel: Diesel fuel prices have surged due to the Iran war, impacting U.S. farmers, school districts, and the food supply chain, leading to higher costs for consumers.

Gasoline: Gasoline prices have climbed significantly across the United States, driven by the global energy crisis caused by the Iran war and the constrained Strait of Hormuz, impacting consumer spending and sentiment.

Diesel fuel: Diesel fuel prices are surging even more rapidly than Gasoline, expected to peak at $5.80 a gallon in April and average $4.80 a gallon for the year.

Gasoline: Gasoline prices are expected to peak at $4.30 a gallon in April and average over $3.70 a gallon for the year, impacting consumers.

Diesel fuel: Distillate fuel inventories, which include Diesel fuel, edged down and are significantly below the five-year average, suggesting potential price support for Diesel fuel.

Gasoline: Gasoline inventories in the United States crept up slightly, remaining below the five-year average.

Diesel fuel: Diesel fuel prices are approaching all-time highs, impacting freight and farm sectors.

Gasoline: Regular gasoline prices have topped $4.09 per gallon due to the disruption of crude oil supply.