It’s like two ships passing in the night. Diesel prices are headed down while oil prices are headed up.
U.S. on-highway diesel dropped 1.6 cents to $2.776 from $2.792 last week and in every reporting sector of the Energy Information Administration, diesel took a dive.
In the Lower Atlantic, diesel went down 3.6 cents a gallon while on the East Coast prices went down 2.6 cents a gallon and in the West Coast less California sector, diesel decreased 2.5 cents a gallon.
In the Rocky Mountain reporting region diesel went up the least, 4 tenths of a cent to $2.856 compared with $2.860 the week prior.
Truckers in California are still paying the most for diesel ($3.166), while truckers in the Gulf Coast region are paying the least ($2.599).
Meanwhile, benchmark U.S. crude oil rose 4 cents to $50.96 a barrel in New York. Brent crude, used to price international oils, dipped 8 cents to $56.53 a barrel in London.
To see diesel prices for all regions click here.