Diesel prices averaged USD 2.20 per gallon in December, down 10.1% from November. On 31 December, the commodity traded at USD 2.12 per gallon, down 8.6% from 28 November.
After hitting a 26-month high in November, diesel’s price premium over crude narrowed in December as U.S. refinery output as a share of capacity rose closer to August 2025’s multi-year high. Still, the premium remained elevated as Russian refineries were hit by Ukrainian strikes and U.S. sanctions.
This chart displays Diesel (NULL) from 2024 to 2025.
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| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Diesel | - | - | - | - | 2.69 | 2.51 | 2.33 | 2.24 | 2.36 | 2.15 | 2.34 | 2.30 |