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.
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.
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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.
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Gasoline rose to 2.16 USD/Gal on July 17, 2025, up 0.18% from the previous day. Over the past month, Gasoline's price has fallen 6.32%, and is down 13.90% 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.
Diesel fuel prices in Great Britain increased by ** euro cents in the period of consideration, despite some fluctuation. Between 2000 and 2020, figures peaked at **** euros in 2012. The lowest average diesel price was seen in 2003, at **** euros per liter. By 2020, diesel was sold by an average of **** euros per liter.
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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.
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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]
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.
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Gasoline Prices in India remained unchanged at 1.11 USD/Liter in June. This dataset provides the latest reported value for - India Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Bangladesh: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.84 dollars, a decline from 0.9 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Bangladesh from 1995 to 2016 is 0.52 dollars. The minimum value, 0.26 dollars, was reached in 1998 while the maximum of 0.9 dollars was recorded in 2014.
Ireland has seen an overall increase in the price of diesel fuel since 2000, with prices amounting to **** euros per liter in 2021. Between 2009 and 2012 prices sharply increased, peaking at **** euros per liter in the latter year. The following four years experienced annual decreases in prices, however, since 2016 prices have been increasing again. Monthly diesel prices were highest in the fall of 2018, when they climbed to ***** British pence per liter and notably fell during the coronavirus pandemic in the spring of 2020. However, the recent Europe-wide energy supply shortage has had a huge impact on liquid fuel prices in the country, driving diesel prices past 120 pence per liter in the summer and fall months.Oil price slump 2020It is not just Ireland that has seen significant price decrease in the spring and summer of 2020. Lockdowns and reduced oil demand due to mobility restrictions have impacted the price of diesel globally. The cost per barrel of Brent crude oil declined by an average of ** U.S. dollars per barrel in 2020 compared to 2019.Diesel cars the most popular in Ireland despite fall in salesDespite a decline in the overall number of diesel cars sold in Ireland, and a growth in electric car sales in recent years, diesel-powered passenger cars remain the most popular. In 2020, over ****** diesel cars were purchased by drivers in Ireland. However, the decrease in sales signals a shift away from this engine type.
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.
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Latvia Average Retail Price: Diesel Fuel data was reported at 10.450 EUR/10 l in 2017. This records an increase from the previous number of 9.500 EUR/10 l for 2016. Latvia Average Retail Price: Diesel Fuel data is updated yearly, averaging 8.850 EUR/10 l from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 13.590 EUR/10 l in 2012 and a record low of 3.410 EUR/10 l in 1997. Latvia Average Retail Price: Diesel Fuel data remains active status in CEIC and is reported by Central Statistical Bureau of Latvia. The data is categorized under Global Database’s Latvia – Table LV.P001: Average Retail Price.
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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.
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Singapore Retail Prices: Diesel (Per Litre) data was reported at 2.330 SGD/l in Dec 2024. This stayed constant from the previous number of 2.330 SGD/l for Nov 2024. Singapore Retail Prices: Diesel (Per Litre) data is updated monthly, averaging 1.530 SGD/l from Jan 2010 (Median) to Dec 2024, with 180 observations. The data reached an all-time high of 2.810 SGD/l in Jun 2022 and a record low of 0.940 SGD/l in Feb 2016. Singapore Retail Prices: Diesel (Per Litre) data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.P002: Average Retail Prices: 2019=100. [COVID-19-IMPACT]
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CN: Retail Price: Diesel, No -10: For Vehicle: Inner Mongolia data was reported at 7.470 RMB/l in Mar 2025. This records a decrease from the previous number of 7.520 RMB/l for Jan 2025. CN: Retail Price: Diesel, No -10: For Vehicle: Inner Mongolia data is updated monthly, averaging 7.495 RMB/l from Jul 2019 (Median) to Mar 2025, with 62 observations. The data reached an all-time high of 9.100 RMB/l in Jun 2022 and a record low of 5.310 RMB/l in Nov 2020. CN: Retail Price: Diesel, No -10: For Vehicle: Inner Mongolia data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Diesel Price: For Vehicle: Retail: Province.
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High Frequency Indicator: The dataset contains year- and month-wise historically compiled data from the year 2018-19 to till date on International Free On Board (FOB) price of Petrol and Diesel
Notes:
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Ethiopia: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.64 dollars, a decline from 0.89 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Ethiopia from 1991 to 2016 is 0.51 dollars. The minimum value, 0.14 dollars, was reached in 1991 while the maximum of 0.94 dollars was recorded in 2012.
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.
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Canada: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.73 dollars, a decline from 1.16 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Canada from 1992 to 2016 is 0.72 dollars. The minimum value, 0.36 dollars, was reached in 1995 while the maximum of 1.23 dollars was recorded in 2012.
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.