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- INTEREST37.00%-1.00
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- October 17, 202613°
- BIST10011,722-2.89%
- USD49.45+0.05%
- EUR55.62+0.37%
- GOLD4,181.10+0.26%
- INTEREST37.00%-1.00
- BITCOIN81,509+0.01%
- October 17, 202613°
US diesel prices rise to $6.05 per gallon
The price of diesel in the United States rose to $6.05 per gallon as mounting tensions in the Middle East affected oil markets. The price climbed from $3.75 on February 28 amid increases in global oil prices and refinery costs.
The price of diesel in the United States rose to $6.05 per gallon, with the increase attributed to volatility in global oil markets and refinery costs.
According to data from the American Automobile Association, the nationwide diesel price reached $6.05 per gallon as of today.
Global oil prices rose by approximately 9 percent on a weekly basis amid mounting tensions in the Middle East. As of 1:08 p.m., the November futures price of Brent crude was trading at $104 per barrel, while West Texas Intermediate crude was trading at $99.25 per barrel.
Diesel prices rise by $2.30 since February 28
The price of diesel, which stood at $3.75 per gallon on February 28, when the attacks by the United States and Israel against Iran began, rose to $6.05 per gallon today. The price therefore increased by $2.30 during this period.
The rise in oil prices affected diesel prices by driving up refinery costs and the prices of finished products in the United States.
Trump says oil prices will fall
US President Donald Trump argued that the United States had gone to war with Iran to prevent the country from acquiring nuclear weapons.
Trump said oil prices would fall once the war was won and stated that the United States would win the war.
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