100+ datasets found
  1. Diesel fuel retail prices per month in the U.S. 2020-2025

    • statista.com
    Updated Jul 10, 2025
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    Statista (2025). Diesel fuel retail prices per month in the U.S. 2020-2025 [Dataset]. https://www.statista.com/statistics/204169/retail-prices-of-diesel-fuel-in-the-united-states-since-2009/
    Explore at:
    Dataset updated
    Jul 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Jun 2025
    Area covered
    United States
    Description

    In June 2025, one gallon of diesel cost an average of 3.6 U.S. dollars in the United States. That was an increase compared to the month prior, but lower than prices in June 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.

  2. T

    United States - US Diesel Sales Price

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 28, 2017
    + more versions
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    TRADING ECONOMICS (2017). United States - US Diesel Sales Price [Dataset]. https://tradingeconomics.com/united-states/us-diesel-sales-price-$-per-gallon-w-na-fed-data.html
    Explore at:
    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    May 28, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - US Diesel Sales Price was 3.70800 $ per Gallon in August 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 September of 2025.

  3. Projection of the retail price of diesel fuel for private cars in the UK...

    • statista.com
    Updated Dec 20, 2023
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    Statista (2023). Projection of the retail price of diesel fuel for private cars in the UK 2020-2035 [Dataset]. https://www.statista.com/statistics/496364/diesel-for-private-vehicles-price-pojection-uk/
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    Dataset updated
    Dec 20, 2023
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    Retail price of diesel fuel for private cars in the United Kingdom are estimated to continuously increase from 119.4 to 144.2 British pence per liter, respectively between 2020 and 2035.

  4. c

    Diesel Price Trend and Forecast | ChemAnalyst

    • chemanalyst.com
    Updated Jul 24, 2025
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    ChemAnalyst (2025). Diesel Price Trend and Forecast | ChemAnalyst [Dataset]. https://www.chemanalyst.com/Pricing-data/diesel-1476
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    Dataset updated
    Jul 24, 2025
    Dataset authored and provided by
    ChemAnalyst
    License

    https://www.chemanalyst.com/ChemAnalyst/Privacypolicyhttps://www.chemanalyst.com/ChemAnalyst/Privacypolicy

    Description

    Why did the Diesel Price Change in July 2025? The Diesel Price Index averaged USD 3.6/Gal,DEL Washington during Q2 2025, down 2% from Q1 2025, indicating a mixed trend influenced by first-quarter oversupply and fourth-quarter geopolitical tensions.

  5. Average gasoline and diesel prices in the U.S. 2022-2025

    • statista.com
    Updated Aug 18, 2025
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    Statista (2025). Average gasoline and diesel prices in the U.S. 2022-2025 [Dataset]. https://www.statista.com/statistics/1293019/us-daily-average-gas-prices/
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    Dataset updated
    Aug 18, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 18, 2022 - Aug 18, 2025
    Area covered
    United States
    Description

    The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on August 25, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline rose that week, while diesel prices decreased. 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.

  6. Diesel Price Trend and Forecast

    • procurementresource.com
    Updated Feb 25, 2022
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    Procurement Resource (2022). Diesel Price Trend and Forecast [Dataset]. https://www.procurementresource.com/resource-center/diesel-price-trends
    Explore at:
    pdf, excel, csv, pptAvailable download formats
    Dataset updated
    Feb 25, 2022
    Dataset provided by
    Authors
    Procurement Resource
    License

    https://www.procurementresource.com/privacy-policyhttps://www.procurementresource.com/privacy-policy

    Time period covered
    Jan 1, 2014 - Sep 2, 2027
    Area covered
    Latin America, Middle East & Africa, Europe, Asia, North America
    Description

    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.

  7. T

    Gasoline - Price Data

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Aug 29, 2025
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    TRADING ECONOMICS (2025). Gasoline - Price Data [Dataset]. https://tradingeconomics.com/commodity/gasoline
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    json, csv, xml, excelAvailable download formats
    Dataset updated
    Aug 29, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Oct 3, 2005 - Sep 2, 2025
    Area covered
    World
    Description

    Gasoline rose to 2 USD/Gal on September 2, 2025, up 0.50% from the previous day. Over the past month, Gasoline's price has fallen 4.59%, but it is still 1.21% higher than a year ago, 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 September of 2025.

  8. Global monthly fuel price index 2020-2025

    • statista.com
    Updated Aug 14, 2025
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    Statista (2025). Global monthly fuel price index 2020-2025 [Dataset]. https://www.statista.com/statistics/1302801/monthly-fuel-energy-price-index-worldwide/
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    Dataset updated
    Aug 14, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Jul 2025
    Area covered
    Worldwide
    Description

    The global fuel energy price index stood at 165.09 index points in July 2025, up from 100 in the base year 2016. Figures decreased that month due to a fall in natural gas 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. Tariffs bring economic uncertainty With the global economy having adjusted to the effects of the Russia-Ukraine war, new uncertainty has emerged due to tariffs imposed by the Trump administration. If these tariffs are fully implemented, global trade could be significantly disrupted, mainly the bilateral trade between the world’s two largest economies. In 2025, import tariffs between China and the United States exceeded 130 percent on both sides, while their tariffs on imports from the rest of the world were around 10 percent. U.S. tariffs on Chinese imported goods reached a high of 134.7 percent in April of that year, while China imposed a 147.6 percent tariff on U.S. goods. Early estimates indicate that the impact of Trump’s proposed tariffs on the U.S. economy could amount to 0.4 percent of GDP, mainly driven by the reduced trade with Mexico, Canada and China.

  9. c

    Diesel Price Trend and Forecast | ChemAnalyst

    • pre.chemanalyst.com
    Updated Jun 14, 2024
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    ChemAnalyst (2024). Diesel Price Trend and Forecast | ChemAnalyst [Dataset]. http://pre.chemanalyst.com/Pricing-data/diesel-1476
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    Dataset updated
    Jun 14, 2024
    Dataset authored and provided by
    ChemAnalyst
    License

    https://www.chemanalyst.com/ChemAnalyst/Privacypolicyhttps://www.chemanalyst.com/ChemAnalyst/Privacypolicy

    Description

    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.

  10. S

    Saudi Arabia Fuel Prices: Retail: Diesel

    • ceicdata.com
    Updated Mar 25, 2025
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    CEICdata.com (2025). Saudi Arabia Fuel Prices: Retail: Diesel [Dataset]. https://www.ceicdata.com/en/saudi-arabia/fuel-prices/fuel-prices-retail-diesel
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    Dataset updated
    Mar 25, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Apr 1, 2024 - Mar 1, 2025
    Area covered
    Saudi Arabia
    Variables measured
    Energy
    Description

    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]

  11. Weekly road fuel prices

    • gov.uk
    Updated Aug 19, 2025
    + more versions
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    Department for Energy Security and Net Zero (2025). Weekly road fuel prices [Dataset]. https://www.gov.uk/government/statistics/weekly-road-fuel-prices
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    Dataset updated
    Aug 19, 2025
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    Department for Energy Security and Net Zero
    Description

    The weekly road fuel prices table reports on the cost of unleaded petrol (ULSP) and unleaded diesel (ULSD).

    For enquiries concerning this table contact: energyprices.stats@energysecurity.gov.uk.

  12. Average road fuel prices per week in the UK 2022-2025, by type

    • statista.com
    Updated Aug 28, 2025
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    Statista (2025). Average road fuel prices per week in the UK 2022-2025, by type [Dataset]. https://www.statista.com/statistics/1293135/uk-weekly-average-gas-prices/
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    Dataset updated
    Aug 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 31, 2022 - Aug 25, 2025
    Area covered
    United Kingdom
    Description

    On August 25, 2025, the price of ultra-low sulfur unleaded petrol (gasoline) in the United Kingdom averaged 133.91 pence per liter. This compared to 141.92 pence per liter for diesel. Diesel prices were consistently higher than petrol/gasoline prices throughout this period, although the margin varied. Reasons for such differences in pricing lie in the refining process and molecular makeup of the products, with diesel requiring more complex refining processes and being an overall heavier liquid. As motor fuel pricing in the UK is not regulated by a monitoring body, there may also be notable differences in prices between retailers and regions. Supermarkets provide lowest fuel prices in the UK In the UK, much of the motor fuel is sold through supermarkets. Large supermarkets, or hypermarkets, account for more than 40 percent of all motor fuel sales in the country. The reason for their popularity often lies in the fact that they offer lower average prices. In the last four years, regular petrol/gasoline sold at supermarkets was up to six pence per liter cheaper than the national average. How UK fuel prices compare to the rest of the world Tied as they are to crude oil prices, motor fuels are generally cheapest in major producing countries, such as Iran, Venezuela, and Russia. In Europe, costs of importing the raw or finished products, in addition to taxes and levies, may hike up pump prices significantly. The UK is often among the countries with the highest petrol/gasoline prices, alongside other large European car markets such as France and Germany.

  13. Gasoline Price Trend and Forecast

    • procurementresource.com
    Updated Feb 25, 2022
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    Procurement Resource (2022). Gasoline Price Trend and Forecast [Dataset]. https://www.procurementresource.com/resource-center/gasoline-price-trends
    Explore at:
    pdf, excel, csv, pptAvailable download formats
    Dataset updated
    Feb 25, 2022
    Dataset provided by
    Authors
    Procurement Resource
    License

    https://www.procurementresource.com/privacy-policyhttps://www.procurementresource.com/privacy-policy

    Time period covered
    Jan 1, 2014 - Sep 2, 2027
    Area covered
    North America, Europe, Latin America, Asia, Middle East & Africa
    Description

    Get the latest insights on price movement and trend analysis of Gasoline in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

  14. T

    India Gasoline Prices

    • tradingeconomics.com
    • es.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Aug 27, 2025
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    TRADING ECONOMICS (2025). India Gasoline Prices [Dataset]. https://tradingeconomics.com/india/gasoline-prices
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    excel, json, xml, csvAvailable download formats
    Dataset updated
    Aug 27, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1990 - Aug 31, 2025
    Area covered
    India
    Description

    Gasoline Prices in India decreased to 1.08 USD/Liter in August from 1.09 USD/Liter in July of 2025. 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.

  15. T

    United States Gasoline Prices

    • tradingeconomics.com
    • ar.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Dec 15, 2024
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    TRADING ECONOMICS (2024). United States Gasoline Prices [Dataset]. https://tradingeconomics.com/united-states/gasoline-prices
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    xml, excel, json, csvAvailable download formats
    Dataset updated
    Dec 15, 2024
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 28, 1991 - Aug 31, 2025
    Area covered
    United States
    Description

    Gasoline Prices in the United States remained unchanged at 0.83 USD/Liter in August. 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.

  16. U

    United States EIA Forecast: Retail Price incl Tax: On-highway Diesel Fuel

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). United States EIA Forecast: Retail Price incl Tax: On-highway Diesel Fuel [Dataset]. https://www.ceicdata.com/en/united-states/energy-price-forecast-energy-information-administration/eia-forecast-retail-price-incl-tax-onhighway-diesel-fuel
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2019 - Dec 1, 2019
    Area covered
    United States
    Description

    United States EIA Forecast: Retail Price incl Tax: On-highway Diesel Fuel data was reported at 314.511 0.01 USD/gal in Dec 2019. This records an increase from the previous number of 311.224 0.01 USD/gal for Nov 2019. United States EIA Forecast: Retail Price incl Tax: On-highway Diesel Fuel data is updated monthly, averaging 296.847 0.01 USD/gal from Mar 2016 (Median) to Dec 2019, with 46 observations. The data reached an all-time high of 318.433 0.01 USD/gal in Sep 2018 and a record low of 208.165 0.01 USD/gal in Mar 2016. United States EIA Forecast: Retail Price incl Tax: On-highway Diesel Fuel data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.P003: Energy Price: Forecast: Energy Information Administration.

  17. R

    Retail Fuel Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Jul 29, 2025
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    Market Report Analytics (2025). Retail Fuel Report [Dataset]. https://www.marketreportanalytics.com/reports/retail-fuel-86886
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    pdf, doc, pptAvailable download formats
    Dataset updated
    Jul 29, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global retail fuel market is experiencing robust growth, driven by increasing vehicle ownership, expanding urbanization, and rising disposable incomes in developing economies. The market's substantial size, estimated at $500 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 4% from 2025 to 2033, reaching approximately $750 billion by the end of the forecast period. This growth is fueled by several key factors. Firstly, the ongoing expansion of the global automotive sector, particularly in emerging markets like Asia and Africa, significantly increases demand for fuel. Secondly, the evolving global landscape, with increasing freight transportation and logistical demands, continues to elevate fuel consumption across various sectors. Finally, technological advancements in fuel efficiency, though helping mitigate some growth, are being offset by the increasing penetration of larger vehicles and SUVs that show a higher average fuel consumption. Despite the positive growth trajectory, several factors pose challenges to the market's expansion. Fluctuations in crude oil prices represent a major constraint, impacting fuel prices and consumer spending. Government regulations aimed at promoting cleaner energy sources and reducing carbon emissions are also influencing the market landscape. The increasing adoption of electric vehicles (EVs) and alternative fuels, while a long-term trend, currently present a slower-than-expected shift due to issues such as charging infrastructure and battery technology. However, market segmentation based on fuel type (gasoline, diesel, etc.), distribution channels, and geographical regions reveals diverse growth patterns. Companies such as Bangladesh Petroleum Corporation, Petrobangla, and Chevron Corporation are key players, engaging in strategic partnerships and investments to maintain their market positions amidst these evolving dynamics. The forecast period of 2025-2033 will be crucial in shaping the industry's future as it navigates these challenges and opportunities.

  18. T

    Lebanon Gasoline Prices

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Aug 6, 2025
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    TRADING ECONOMICS (2025). Lebanon Gasoline Prices [Dataset]. https://tradingeconomics.com/lebanon/gasoline-prices
    Explore at:
    csv, excel, xml, jsonAvailable download formats
    Dataset updated
    Aug 6, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1998 - Aug 31, 2025
    Area covered
    Lebanon
    Description

    Gasoline Prices in Lebanon increased to 0.81 USD/Liter in August from 0.80 USD/Liter in July of 2025. This dataset provides the latest reported value for - Lebanon Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  19. U

    United States EIA Forecast: Refiner Price: Resale: Diesel Fuel

    • ceicdata.com
    Updated Dec 16, 2019
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    CEICdata.com (2019). United States EIA Forecast: Refiner Price: Resale: Diesel Fuel [Dataset]. https://www.ceicdata.com/en/united-states/energy-price-forecast-energy-information-administration/eia-forecast-refiner-price-resale-diesel-fuel
    Explore at:
    Dataset updated
    Dec 16, 2019
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2019 - Dec 1, 2019
    Area covered
    United States
    Description

    United States EIA Forecast: Refiner Price: Resale: Diesel Fuel data was reported at 216.220 0.01 USD/gal in Dec 2019. This records an increase from the previous number of 216.210 0.01 USD/gal for Nov 2019. United States EIA Forecast: Refiner Price: Resale: Diesel Fuel data is updated monthly, averaging 198.045 0.01 USD/gal from Mar 2016 (Median) to Dec 2019, with 46 observations. The data reached an all-time high of 223.952 0.01 USD/gal in Sep 2018 and a record low of 112.626 0.01 USD/gal in Mar 2016. United States EIA Forecast: Refiner Price: Resale: Diesel Fuel data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.P003: Energy Price: Forecast: Energy Information Administration.

  20. Fuel Oil Price Trend and Forecast

    • procurementresource.com
    Updated Jul 28, 2022
    + more versions
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    Procurement Resource (2022). Fuel Oil Price Trend and Forecast [Dataset]. https://www.procurementresource.com/resource-center/fuel-oil-price-trends
    Explore at:
    pdf, excel, csv, pptAvailable download formats
    Dataset updated
    Jul 28, 2022
    Dataset provided by
    Authors
    Procurement Resource
    License

    https://www.procurementresource.com/privacy-policyhttps://www.procurementresource.com/privacy-policy

    Time period covered
    Jan 1, 2014 - Sep 2, 2027
    Area covered
    Middle East & Africa, Latin America, Asia, North America, Europe
    Description

    Get the latest insights on price movement and trend analysis of Fuel Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

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Close
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Statista (2025). Diesel fuel retail prices per month in the U.S. 2020-2025 [Dataset]. https://www.statista.com/statistics/204169/retail-prices-of-diesel-fuel-in-the-united-states-since-2009/
Organization logo

Diesel fuel retail prices per month in the U.S. 2020-2025

Explore at:
5 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Jul 10, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Jan 2020 - Jun 2025
Area covered
United States
Description

In June 2025, one gallon of diesel cost an average of 3.6 U.S. dollars in the United States. That was an increase compared to the month prior, but lower than prices in June 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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