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U.S. Diesel Prices Hit Record $6.0556 Per Gallon Amid Supply Issues

Published on · Source: cnbc.com

U.S. Diesel Prices Hit Record $6.0556 Per Gallon Amid Supply Issues

AI Summary

Summarized by AI from the source below

U.S. diesel prices reached $6.0556 per gallon on Friday, marking the first time prices have exceeded $6. Supply disruptions from the Ukraine and Iran conflicts are driving costs up, with truckers and farmers paying about 63% more compared to last year. Crude oil futures surpassed $100 per barrel for the first time since May, gaining about 20% in September. This price surge could lead to higher costs for consumer goods and energy, significantly impacting everyday Americans and the broader economy.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

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