Diesel Fuel

Diesel prices drop for 28th consecutive month

C.H. Robinson diesel fuel freight market update

C.H. Robinson is watching events in the Middle East and the impact on the flow and cost of oil from there. An increase in the cost of oil could lead to higher operational costs for carriers, as diesel is a big portion of their expense. Diesel prices have decreased steadily over the past two years, which has been a tailwind for carriers while other costs increased. If diesel prices increase significantly, it could become impactful on a carrier’s ability to remain profitable and in business.

The national U.S. average diesel price per gallon of $3.60 in June is down from $3.50 in May and still lower than the $3.72 average from June 2024. This marks the 28th consecutive month of year-over-year decreases in fuel. 

eia chart showing average weekly U.S. retail diesel price per gallon

Explore

*This information is compiled from a number of sources—including market data from public sources and data from C.H. Robinson—that to the best of our knowledge are accurate and correct. It is always the intent of our company to present accurate information. C.H. Robinson accepts no liability or responsibility for the information published herein. 

To deliver our market updates to our global audiences in the timeliest manner possible, we rely on machine translations to translate these updates from English.