U.S. retail diesel prices have climbed above $6.50 a gallon for the first time, extending a war-driven rally that is spilling into multiple parts of the economy. Data from the American Automobile Association, or AAA, showed the national average for diesel reached $6.505 per gallon as of Saturday local time. That move came less than 10 days after diesel first crossed the $6 threshold.
The pace of gains has accelerated in September. According to the report cited by BlockBeats, diesel prices have risen by more than 87 cents so far this month and have increased on nearly every day. The latest reading also stands well above the previous peak set in 2022. The item cited Jin10 as the source of the market update.
U.S. retail diesel prices have risen above $6.50 a gallon for the first time, extending what BlockBeats described as a war-driven rally that has spread into multiple parts of the economy.
Data from the American Automobile Association (AAA) showed the national average diesel price climbed to $6.505 per gallon as of Saturday local time. The move came less than 10 days after diesel last crossed the $6 mark.
Price gains have picked up sharply in September. Diesel has risen by more than 87 cents so far this month, with prices moving higher on nearly every day, according to the report. The latest level is also well above the peak recorded in 2022.
The update cited Jin10 as the source.
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