US Diesel Prices Fall Below $6, Two-Month Low

The U.S. average diesel price fell to $5.998 a gallon on Saturday, dropping below $6 for the first time in more than two months after reaching a record $6.519 in September. Earlier increases, driven by oil-supply disruptions linked to the Iran conflict and attacks on Russian refineries, raised transportation, farming and business costs and added to inflation. The recent decline reflects lower crude prices, weaker seasonal demand and recovering refinery output as maintenance winds down. Gasoline prices have also eased, falling below $4 a gallon this month.