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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)

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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.

The Trucker staff can be reached to comment on this article at editor@thetrucker.com.

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