Diesel prices averaged USD 2.46 per gallon in June, up 0.5% from May. On 28 June, the commodity traded at USD 2.52 per gallon, up 6.3% from 31 May.
The crack spread, the price premium of diesel over crude, remained around May’s 29-month low in June. In June, average U.S. diesel refinery capacity was the highest since August, and average U.S. diesel output fell only slightly from May’s five-month high. However, diesel stocks fell further below their seasonal average.
This chart displays Diesel (NULL) from 2022 to 2024.
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| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
|---|---|---|---|---|---|---|---|---|
| Diesel | 2.90 | 2.43 | 3.01 | 2.82 | 2.69 | 2.51 | - | - |