Graph and download economic data for US Diesel Sales Price (GASDESW) from 1994-03-21 to 2025-07-14 about diesel, sales, commodities, and USA.

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.

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.

Diesel prices in the USA followed a largely upward trend during Q1 2025, with prices closing higher compared to the previous quarter despite some fluctuations in March. In January, prices rose due to increased heating fuel demand driven by winter storm Enzo and strong domestic consumption. However, warmer weather forecasts later in the month softened demand, overall market sentiment remained firm, supported by reduced inventories and refinery constraints. February saw a further price increase as cold temperatures in the Northeast intensified heating oil usage, and maintenance at key refineries tightened domestic supply.

United States - US Diesel Sales Price was 3.49900 $ per Gallon in May of 2025, according to the United States Federal Reserve. Historically, United States - US Diesel Sales Price reached a record high of 5.75400 in June of 2022 and a record low of 0.95900 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 July of 2025.

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.

Weekly on-highway diesel prices (dollars per gallon) from the Department of Energy's Energy Information Administration. This data includes the average diesel fuel price for the U.S. and five Petroleum Administration for Defense Districts (PADDs) (including PADD subcomponents). There are ten variables in total: "U.S."; "East Coast" (PADD1), broken out further by "New England" (PADD1A), "Central Atlantic" (PADD1B), and "Lower Atlantic" (PADD1C); "Midwest" (PADD2); "Gulf Coast" (PADD3); "Rocky Mountain" (PADD4); and "West Coast" (PADD5), broken out further by "West Coast excluding California" and "California." See link below for the states included in each region.

Graph and download economic data for Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: U.S. Gulf Coast (DDFUELUSGULF) from 2006-06-14 to 2025-07-07 about diesel, fuels, commodities, and USA.

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.

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: No. 2 Diesel Fuel (WPU05730302) from Jul 1991 to May 2025 about diesel, fuels, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

The average for 2016 based on 160 countries was 0.87 dollars. The highest value was in Iceland: 1.63 dollars and the lowest value was in Libya: 0.11 dollars. The indicator is available from 1991 to 2016. Below is a chart for all countries where data are available.

Gasoline fell to 2.16 USD/Gal on July 14, 2025, down 1.30% from the previous day. Over the past month, Gasoline's price has fallen 3.40%, and is down 13.22% 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 July of 2025.

The average annual price of diesel fuel in Germany tended to rise between 1950 and 2025. The price increase has increased significantly since 2020 in particular, only to fall again slightly from 2023. As of April 2025, the average diesel price was roughly 166.3 cents.

In April 2025, the average diesel retail price in Canada stood at ****** Canadian cents per liter. This was the steepest month-over-month fall in prices since 2020, with a similar development echoed by Canada's monthly gasoline prices.

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.

Ireland: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 1.29 dollars, a decline from 1.84 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Ireland from 1995 to 2016 is 1.32 dollars. The minimum value, 0.72 dollars, was reached in 2000 while the maximum of 1.98 dollars was recorded in 2012.

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.

The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on July 14, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline and diesel increased that week following greater 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.

The average diesel price in Ireland was 139.9 British pence per liter in May 2025. Figures decreased that month as crude oil prices traded lower following concerns over a global recession.