Diesel Rises 1.6¢ in Fifth Straight Weekly Gain
The national average price of diesel fuel rose for a fifth week, climbing 1.6 cents to $2.668 a gallon and topping last week’s price its highest this year, the Department of Energy said.
Diesel has risen 17.2 cents in the past five weeks and Monday’s price left it $1.477 below the same week last year when it was coming off its all-time record $4.764 a gallon, set in mid-July 2008.
Oil prices in the past several days climbed to more than $74 a barrel, the highest levels in 10 months, Bloomberg reported.
Gasoline, meanwhile, fell by 0.9 cents to $2.628, DOE said Monday following its weekly survey of filling stations.
The decline marks the second consecutive weekly drop in the average gasoline price.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
