From Yahoo Finance: 2025-06-03 15:13:00

The average weekly retail diesel price fell to $3.451 a gallon, the lowest since September 2021. Prices have dropped 18.8 cents a gallon since April 7. Futures trading on the CME exchange for ULSD has been on a downward trend, settling at $2.0172 on Friday. Despite OPEC+ increasing output by 411,000 barrels a day in July, ULSD settled at $2.0999 a gallon on Tuesday. U.S. diesel market continues to be weighed down by weak demand, with consumption down to 3.65 million barrels a day, lower than the 10-year average of 3.92 million barrels a day. The spread between ULSD and Brent crude is about 50 cents per gallon, contributing to a steeper decline in recent weeks.



Read more at Yahoo Finance: Diesel benchmark price lowest since September 2021