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Diesel Prices Reach Record High Amid Global Supply Issues
Diesel fuel prices have reached a record high of $5.85 per gallon in the U.S., marking a nearly 60% increase from last year, driven by global supply disruptions due to conflicts in Ukraine and Iran. The ongoing military actions have affected refinery operations, leading to a significant impact on diesel supply and contributing to inflation.
Companies
Again Capital
Rapidan Energy
Valero
Phillips 66
Lipow Oil Associates
People
John Kilduff
Bob McNally
Gary Simmons
Brian Mandell
Andy Lipow
Our neutral summary
Diesel fuel prices have reached a record high of $5.85 per gallon in the U.S., marking a nearly 60% increase from last year, driven by global supply disruptions due to conflicts in Ukraine and Iran. The ongoing military actions have affected refinery operations, leading to a significant impact on diesel supply and contributing to inflation.
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