Diesel Dips a Half-Cent to $3.887 a Gallon
Diesel declined for the first time in a month, dipping a half-cent to $3.887 a gallon, while gasoline fell for a third straight week, the Department of Energy said Monday.
Diesel had risen 17.1 cents in the previous three weeks, and with Monday’s downturn is now 77.1 cents over the same week last year.
Prior to the past three weeks, the national average price for trucking’s main fuel fell 14.7 cents in five straight declines.
Gasoline dropped 2.8 cents to $3.424 a gallon, for its third straight downturn and eighth in nine weeks.
The gas average is now 55.9 cents over same week a year ago, according to DOE records. Gas has dropped a quarter since it registered $3.674 a gallon on Labor Day.
Oil, meanwhile, topped $95 a barrel on the New York Mercantile Exchange, the highest closing price in more than three months, Bloomberg reported.
Crude futures rose $1.26 to finish the Nymex trading day at $95.53 a barrel, the highest closing price since July 29, Bloomberg said.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
