US Average Diesel Price Passes $6 a Gallon For the First Time

News

Industries that depend on diesel were already feeling the impact when crude oil futures  hit their highest level since mid-May. Brent settled at $107.63 a barrel and West Texas Intermediate futures at $102.48 a barrel. "Record diesel prices will impact every cargo, shipment, every delivery Americans are taking, and are likely to reignite inflation up and down the supply chain”. Read more here.

Author: Reuters