US diesel price hits record high as distillate stocks fall to new lows

US diesel prices are at their highest level on record, up 24 cents in a week, 56 cents in two weeks and 74% over a year, with distillate stocks hitting new lows, according to market commentary flagging the move. The surge raises questions about cost pressure on the US economy if diesel reaches $8-$10 a gallon.

Detected & updated continuously · Source: Nebula