In May 2025, one gallon of diesel cost an average of 3.5 U.S. dollars in the United States. That was a decrease compared to the month prior, and also lower than prices in May 2024. Impact of crude prices on motor fuel consumer prices Diesel prices are primarily determined by the cost of crude oil. In fact, crude oil regularly accounts for around 50 percent of end consumer prices of diesel. As such, supply restrictions or weak demand outlooks influence prices at the pump. The fall in diesel prices noted in the latter half of 2024 is a reflection of lower crude prices. Diesel and gasoline price development The usage of distillate fuel oil began in the 1930s, but until further development in the 1960s, diesel vehicles were mostly applied to commercial use only. In the U.S., diesel-powered cars remain a fairly small portion of the automobile market and diesel consumption is far lower than gasoline consumption. In general, gasoline also tends to be more widely available than diesel fuel and usually sells for a lower retail price. However, diesel engines have better fuel economy than gasoline engines, and, as such, tend to be used for large commercial vehicles.

Graph and download economic data for US Diesel Sales Price (GASDESW) from 1994-03-21 to 2025-06-23 about diesel, sales, commodities, and USA.

The cost of diesel fuel in the United States reached an annual average of 3.76 U.S. dollars per gallon in 2024. This was a decrease compared to the previous year, when diesel sold for an average of 4.21 U.S. dollars per gallon. In 2022, increased economic activity and thus fuel demand combined with supply constraints following the Russia-Ukraine war, which resulted in a notable rise in monthly diesel prices Crude oil prices and their impact on motor fuel prices Motor fuel prices largely mirror major oil benchmarks, such as the OPEC reference basket, WTI, and Brent. As such, the oil glut in 2015 and 2016, which followed years of increased oil production output by the U.S., is largely responsible for the fall in diesel prices seen in those years. The same is true for the 2020 pandemic-induced oil crisis and fall in benchmarks that year. Diesel and gasoline price development The usage of diesel began in the 1930s, but until further development in the 1960s, diesel vehicles were mostly used commercially. In the U.S., diesel-powered cars remain a fairly small portion of the automobile market and diesel fuel consumption is far lower than gasoline consumption. In general, gasoline also tends to be more widely available than diesel fuel and usually sells for a lower retail price. However, diesel engines have better fuel economy than gasoline engines, and as such are often used for large commercial vehicles.

Graph and download economic data for Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: U.S. Gulf Coast (WDFUELUSGULF) from 2006-06-16 to 2025-06-20 about diesel, fuels, commodities, and USA.

The global fuel energy price index stood at 153.15 index points in May 2025, up from 100 in the base year 2016. Figures decreased that month due to lower heating fuel demand and a fall in crude oil prices. The fuel energy index includes prices for crude oil, natural gas, coal, and propane. Supply constraints across multiple commodities The global natural gas price index surged nearly 11-fold, and the global coal price index rose almost seven-fold from summer 2020 to summer 2022. This notable escalation was largely attributed to the Russia-Ukraine war, exerting increased pressure on the global supply chain. Global ramifications of the Russia-Ukraine war The invasion of Ukraine by Russia played a role in the surge of global inflation rates. Notably, Argentina bore the brunt, experiencing a hyperinflation rate of 92 percent in 2022. The war also exerted a significant impact on global gross domestic product (GDP) growth. Saudi Arabia emerged with a notable increase of nearly three percent, as several Western nations shifted their exports from Russia to Middle Eastern countries due to the sanctions imposed on the former.

Peru Fuel Price Index: Diesel Oil data was reported at 90.922 2010=100 in Jul 2019. This records a decrease from the previous number of 91.686 2010=100 for Jun 2019. Peru Fuel Price Index: Diesel Oil data is updated monthly, averaging 96.663 2010=100 from Jan 2010 (Median) to Jul 2019, with 115 observations. The data reached an all-time high of 121.017 2010=100 in Jun 2012 and a record low of 65.381 2010=100 in Apr 2016. Peru Fuel Price Index: Diesel Oil data remains active status in CEIC and is reported by Central Reserve Bank of Peru. The data is categorized under Global Database’s Peru – Table PE.I018: Fuel Price Index.

The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on June 23, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline and diesel increased that week following a rise in crude oil prices and greater motor fuel demand. Real price surge of 2022 and 2023 still below 2011 to 2014 prices When looking at the real price of gasoline over time, U.S. drivers had to pay notably more in the years between 2011 and 2014. The surge in prices noted throughout 2022 and partly for 2023, which followed supply constraints, was still lower in terms of real U.S. dollars. U.S. on the lower-end spectrum of worldwide motor fuel prices The U.S. has some of the lowest conventional motor fuel prices in the world. Although fuel prices are usually higher in high-income countries, the U.S. profits from its position as the world’s largest crude oil producer and can keep retail prices for oil products comparatively low. For example, among high-income countries, prices for automotive premium gasoline (RON 95) were only lower in Russia and Saudi Arabia - countries where crude oil and oil product exports are in part restricted by sanctions, thus keeping domestic supply high.

United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: U.S. Gulf Coast was 2.36500 $ per Gallon in January of 2024, according to the United States Federal Reserve. Historically, United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: U.S. Gulf Coast reached a record high of 3.50900 in January of 2022 and a record low of 1.19500 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: U.S. Gulf Coast - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: New York Harbor (WDFUELNYH) from 2006-06-16 to 2025-06-13 about new york harbor, diesel, fuels, New York, commodities, and USA.

Gasoline fell to 2.08 USD/Gal on June 27, 2025, down 1.15% from the previous day. Over the past month, Gasoline's price has fallen 0.73%, and is down 17.13% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on June of 2025.

United States - US Diesel Sales Price was 3.57100 $ per Gallon in June of 2025, according to the United States Federal Reserve. Historically, United States - US Diesel Sales Price reached a record high of 5.81000 in June of 2022 and a record low of 0.95300 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - US Diesel Sales Price - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in U.S. City Average (APU000074717) from Jan 1998 to May 2025 about diesel, energy, retail, price, and USA.

United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: Los Angeles was 2.44500 $ per Gallon in January of 2024, according to the United States Federal Reserve. Historically, United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: Los Angeles reached a record high of 3.53200 in January of 2022 and a record low of 0.75100 in January of 2002. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: Los Angeles - last updated from the United States Federal Reserve on June of 2025.

Diesel prices in the United Kingdom rose to more than *** pence per liter in early 2024. The March national average was ***** pence per liter, compared with a price of ***** pence per liter for diesel sold at supermarkets. Hypermarkets dominate motor fuel sales Hypermarkets such as Sainsbury's, Asda, and Tesco have the greatest market share of motor fuel sold in the UK. In 2023, roughly ** percent of all motor fuels were sold at hypermarkets. Diesel more expensive than regular gasoline Although gasoline and diesel are both refined petroleum products, their refining process differs, thus also impacting manufacturing and retail prices. Diesel sold in the UK is required to have an ultra-low sulfur content and also contain a biodiesel component of seven percent. The extra steps required in the production process make diesel a more expensive commodity than gasoline, which trades around ** pence lower.

Get comprehensive insights into the Diesel market, with a focused analysis of the Diesel price trend across Asia, Europe, North America, Latin America, and the Middle East Africa.

Saudi Arabia Fuel Prices: Retail: Diesel data was reported at 1.660 SAR/l in Apr 2025. This stayed constant from the previous number of 1.660 SAR/l for Mar 2025. Saudi Arabia Fuel Prices: Retail: Diesel data is updated monthly, averaging 0.630 SAR/l from Jul 2020 (Median) to Apr 2025, with 58 observations. The data reached an all-time high of 1.660 SAR/l in Apr 2025 and a record low of 0.520 SAR/l in Dec 2021. Saudi Arabia Fuel Prices: Retail: Diesel data remains active status in CEIC and is reported by Saudi Arabian Oil Company. The data is categorized under Global Database’s Saudi Arabia – Table SA.P016: Fuel Prices. [COVID-19-IMPACT]

Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.

Hong Kong has some of the highest diesel prices in the world. As of May 12, 2025, drivers in Hong Kong paid an average of 3.34 U.S. dollars per liter of automotive diesel. This was more than three times the amount paid by drivers in Mainland China. Lower prices are often linked to substantial domestic crude oil production and government subsidies, as is the case in countries such as Venezuela, Iran, and the United States.

Saudi Arabia: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.12 dollars, an increase from 0.07 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Saudi Arabia from 1995 to 2016 is 0.09 dollars. The minimum value, 0.07 dollars, was reached in 2006 while the maximum of 0.12 dollars was recorded in 2016.