Diesel is hitting its highest price since 2022 as oil keeps climbing |
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Diesel is hitting its highest price since 2022 as oil keeps climbing
Diesel averaged $5.78 a gallon Thursday, up more than 53% since the war with Iran began in late February
Bloomberg / Getty Images
Crude oil climbed for a fourth straight trading session Thursday, pushing international benchmark Brent above $97 a barrel and driving diesel to its highest average price since 2022.
Thursday's national diesel average of $5.78 per gallon marks a jump of more than 53% from the $3.76 per gallon baseline recorded just before the Iran war broke out in late February, according to NBC News.
After topping $97 intraday, Brent settled back to $96.20 per barrel, a gain of 57 cents, according to CNBC. Oil prices have gained more than 7% this week. West Texas Intermediate, the U.S. benchmark,........