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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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.
Crude oil is the greatest cost component determining diesel retail prices in the United States. In February 2025, 49 percent of the diesel retail price was set by crude oil costs. That month, one gallon of diesel sold for an average of 3.68 U.S. dollars. U.S. diesel prices have generally stagnated in early 2025. Fuel consumption remains high despite higher prices Diesel and gasoline prices have experienced significant fluctuations over the past decades. In 2024, the average gasoline price stood at 3.3 U.S. dollars per gallon, a decrease from the 2022 peak but still higher than early 2000s levels. Despite these changes, U.S. gasoline consumption has remained high, averaging around 8.5 million barrels per day in 2024, with seasonal variations affecting demand. Tax impact on fuel costs across states Taxes play a significant role in determining fuel prices, with state-level differences creating notable price variations across the country. As of 2023, the average state tax for gasoline was 30.5 U.S. cents per gallon, while diesel faced a slightly higher average tax of 33.15 U.S. cents. These taxes contribute to the overall retail price and are often reinvested in road infrastructure. California, for instance, imposes some of the highest gasoline taxes in the country, reaching 68.1 U.S. cents per gallon in January 2024, which significantly impacts the state's fuel prices.
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Russia Average World Price: Diesel Fuel (Gasoil) data was reported at 556.400 USD/Ton in Dec 2018. This records a decrease from the previous number of 644.300 USD/Ton for Nov 2018. Russia Average World Price: Diesel Fuel (Gasoil) data is updated monthly, averaging 654.000 USD/Ton from Jan 2009 (Median) to Dec 2018, with 119 observations. The data reached an all-time high of 1,030.100 USD/Ton in Mar 2012 and a record low of 292.500 USD/Ton in Jan 2016. Russia Average World Price: Diesel Fuel (Gasoil) data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.PC002: Average World Prices, Crude Oil Export Price, Crude Oil Export Duty.
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Graph and download economic data for US Diesel Sales Price (GASDESW) from 1994-03-21 to 2025-07-07 about diesel, sales, commodities, and USA.
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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.
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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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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.
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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.
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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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Graph and download economic data for PADD III (Gulf Coast District) Diesel Sales Price (GASDESGCW) from 1994-03-21 to 2025-07-07 about Gulf Coast District, diesel, sales, commodities, and USA.
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Graph and download economic data for Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: New York Harbor (DDFUELNYH) from 2006-06-14 to 2025-07-07 about new york harbor, diesel, fuels, New York, commodities, and USA.
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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]
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The average for 2016 based on 43 countries was 0.65 dollars. The highest value was in Hong Kong: 1.42 dollars and the lowest value was in Saudi Arabia: 0.12 dollars. The indicator is available from 1991 to 2016. Below is a chart for all countries where data are available.
Diesel retail prices weekly average by region dataset provides the weekly average retail diesel prices for New York State and eight New York metropolitan regions in U.S. dollars per gallon. Data is a weekly average from January 2017 through current.
Average daily retail diesel prices are collected from the American Automobile Association (AAA) Daily Fuel Gauge Report. The AAA Daily Fuel Gauge Report prices are averaged to produce a weekly average retail price for New York State and each metropolitan region.
The New York State metropolitan regions in the dataset are Albany (Albany-Schenectady-Troy), Batavia, Binghamton, Buffalo (Buffalo-Niagara Falls), Dutchess (Dutchess-Putnam), Elmira, Glens Falls, Ithaca, Kingston, Nassau (Nassau-Suffolk), New York City, Rochester, Syracuse, Utica (Utica-Rome), Watertown (Watertown-Fort Drum), and White Plains.
The New York State Energy Research and Development Authority (NYSERDA) offers objective information and analysis, innovative programs, technical expertise, and support to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. To learn more about NYSERDA’s programs, visit https://nyserda.ny.gov or follow us on X, Facebook, YouTube, or Instagram.
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.
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Graph and download economic data for PADD II (Midwest District) Diesel Sales Price (GASDESMWW) from 1994-03-21 to 2025-07-07 about Midwest District, midwest, diesel, sales, commodities, and USA.
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Honduras: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.8 dollars, a decline from 1.03 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Honduras from 1992 to 2016 is 0.65 dollars. The minimum value, 0.25 dollars, was reached in 1995 while the maximum of 1.15 dollars was recorded in 2012.
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Haiti: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.62 dollars, a decline from 0.94 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Haiti from 1998 to 2016 is 0.64 dollars. The minimum value, 0.3 dollars, was reached in 2002 while the maximum of 1.03 dollars was recorded in 2012.
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Bolivia: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.55 dollars, an increase from 0.54 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Bolivia from 1992 to 2016 is 0.46 dollars. The minimum value, 0.31 dollars, was reached in 1995 while the maximum of 0.55 dollars was recorded in 2016.
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.