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Graph and download economic data for US Diesel Sales Price (GASDESW) from 1994-03-21 to 2025-06-16 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.
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Gasoline fell to 2.09 USD/Gal on June 27, 2025, down 0.67% from the previous day. Over the past month, Gasoline's price has fallen 0.26%, and is down 16.73% 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.
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.
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.
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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 June of 2025.
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Gasoline Prices in India remained unchanged at 1.11 USD/Liter in May. 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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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.
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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.
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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.
Comprehensive historical data and future forecasts for Diesel prices in United States, crucial for market analysis and strategic planning.
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Gasoline Prices in the United States decreased to 0.83 USD/Liter in May from 0.84 USD/Liter in April of 2025. This dataset provides the latest reported value for - United States 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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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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Gasoline Prices in Germany decreased to 1.97 USD/Liter in May from 2.03 USD/Liter in April of 2025. This dataset provides the latest reported value for - Germany 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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Gasoline Prices in the United Kingdom remained unchanged at 1.79 USD/Liter in May. This dataset provides the latest reported value for - United Kingdom Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Ireland has seen an overall increase in the price of diesel fuel since 2000, with prices amounting to 1.32 euros per liter in 2021. Between 2009 and 2012 prices sharply increased, peaking at 1.55 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 124.9 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 20 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 38,000 diesel cars were purchased by drivers in Ireland. However, the decrease in sales signals a shift away from this engine type.
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India: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.81 dollars, a decline from 0.91 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for India from 1991 to 2016 is 0.58 dollars. The minimum value, 0.19 dollars, was reached in 1995 while the maximum of 0.91 dollars was recorded in 2014.
Diesel prices in the United Kingdom rose to more than 150 pence per liter in early 2024. The March national average was 153.9 pence per liter, compared with a price of 151.3 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 43 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 10 pence lower.
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.
Comprehensive historical data and future forecasts for Diesel prices in Norway, crucial for market analysis and strategic planning.
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Graph and download economic data for US Diesel Sales Price (GASDESW) from 1994-03-21 to 2025-06-16 about diesel, sales, commodities, and USA.