Diesel prices averaged USD 2.24 per gallon in November, up 0.1% from October. On 29 November, the commodity traded at USD 2.19 per gallon, down 1.8% from 31 October.
Crude prices fell in November, but diesel prices rose slightly, as the crack spread hit its highest level since April. On 18 November, maritime intelligence firm Kpler forecast that the U.S. would ship the most diesel and gasoline in more than seven years during the month, amid strong Brazilian demand and weak Mexican supply.
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Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
---|---|---|---|---|---|---|---|---|
Diesel | 2.90 | 2.43 | 3.01 | 2.82 | 2.69 | 2.51 | 2.33 | - |