After an impressive run that saw U.S. diesel prices fall for 62 consecutive days, diesel prices at the pump rose overnight on Tuesday, snapping the longest losing streak in two years thanks to farmers stockpiling fuel for use during the harvest season. U.S. national average diesel prices have climbed to $4.
977 per gallon, marking the first time they have done so since peaking at $5.816 in mid-June according to AAA data. However, the latest turnaround in pump prices comes as little surprise considering that diesel futures contracts have jumped more…U.S. Diesel Prices Climb For First Time In Two Months
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