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Diesel prices drop 1.9 cents a gallon to $3.894

Diesel prices have followed oil, which had made a few gains, only to slide today. West Texas Intermediate oil settled near a two-month low amid ample U.S. supplies. (The Trucker file photo)

The Trucker News Services


Diesel prices were down Monday across all reporting regions of the Energy Information Administration, with national, at-the-pump diesel selling for $3.894 a gallon today compared with $3.913 a gallon last week, a 1.9-cent decrease.

Truckers fueling up in the Midwest sector saw prices decrease the most — 2.5 cents — to $3.837 a gallon compared with $3.862 the week prior.

Truckers traveling in the Rocky Mountain region saw the least decrease — only 1.3 cents — to $3.896 compared with $3.909 a gallon last week.

Professional drivers are still paying above $4 a gallon in four areas: New England, the Central Atlantic, the West Coast and California.

Diesel prices have followed oil, which has been on an up-and-down seesaw for the past few weeks.

Benchmark U.S. crude for August delivery rose 8 cents at $100.91 a barrel on the New York Mercantile Exchange. The Nymex contract fell 3.1 percent last week and is down 4.3 percent so far in July. Brent crude, a benchmark for international oils, gained 45 cents to $107.71 on the ICE Futures exchange in London.

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