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.

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.

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.

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.

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.

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.

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.

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 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.

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.

Dominican Republic: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.91 dollars, a decline from 1.21 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Dominican Republic from 1995 to 2016 is 0.72 dollars. The minimum value, 0.22 dollars, was reached in 1998 while the maximum of 1.35 dollars was recorded in 2012.

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.

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.

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 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.

Graph and download economic data for Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: New York Harbor (DDFUELNYH) from 2006-06-14 to 2025-06-23 about new york harbor, diesel, fuels, New York, commodities, and USA.

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.

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.

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 2.08 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.