Diesel Hits Record $6.27, Fuel Squeeze Deepens
📡 Barrons · 1 min read ·
Part of composite article Diesel Hits Record $6.27 a Gallon as Fuel Squeeze Drives Prices Higher View full article →
U.S. diesel prices reached a new record on Tuesday. The average cost of a gallon of diesel climbed to $6.27.
The surge reflects a tightening fuel supply. It also raises expectations that the Federal Reserve will increase interest rates on Wednesday.