National diesel average sees gains for week of November 10, reports EIA

The national average price per gallon of diesel gasoline increased for the third consecutive week, according to data issued today by the Department of Energy’s Energy Information Administration (EIA).

Rising 8.4 cents, the national average, for the week of November 10, came in at $3.837, following a 3.5-cent increase, to $3.753, for the week of November 3, and a 9.9-cent increase, to $3.718, for the week of October 27, with the national average rising a collective 21.8 cents over that period.   

These gains were preceded by a 4.5-cent decline, to $3.620, for the week of October 20, a 4.6-cent decline, to $3.665, for the week of October 13, and a 4.3-cent decrease, to $3.711, for the week of October 6, for a collective 13.4-cent decline over that three-week period. Which was preceded by a $0.005-cent increase, to $3.754, for the week of September 29, and a $0.01-cent increase, to $3.749, for the week of September 22.

Before that, the national average saw a 2.7-cent decline, to $3.739, for the week of September 15, a 3.2-cent increase, to $3.7666, for the week of September 8, and a 2.6-cent increase, to $3.734, for the week of September 1, and hitting its highest weekly average since the week of July 28, at $3.805.

On an annual basis, the national average rose 31.6 cents, topping annual gains seen over the previous three weeks, at 21.7 cents, 14.5 cents, and 6.7 cents, respectively.

WTI Crude is currently trading at $58.58 per barrel on the New York Mercantile Exchange.