Diesel Prices Surge, Outpacing Gasoline
Update: 2025-11-18
Description
Diesel prices surge for the fourth week, now at levels unseen since early July, outpacing gasoline and widening the price gap. Despite a bearish oil supply and demand outlook, overall oil prices rise due to a significant drop in global petroleum supply and projected increasing demand for next year. U.S. gasoline inventories decline, contributing to higher prices for diesel and gasoline.
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