# Fuel prices diverge: Diesel up, gasoline down, amid hurricanes and heightened Middle East tension | FleetOwner

> U.S. on-highway diesel rose 4 cents to an average of $3.584 per gallon on October 7 while gasoline fell, according to EIA data. Hurricanes, Middle East tensions and East Coast port strikes were cited as sources of disruption.

- Date: 2024-10-08 · published 2024-10-08T12:00:00.000Z
- Category: geopolitics · region US · magnitude low
- Page: https://feedsoft.ai/events/11683-fuel-prices-diverge-diesel-up-gasoline-down-amid-hurricanes-and-heightened
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Rising diesel costs add to trucking and transport expenses for feed deliveries, and port strikes could delay exports and imports of feed ingredients. The price impact is moderate, with diesel prices still far below last year's levels.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-03-02 | [European diesel jumps over $100/mt amid Middle East tensions \| S&P Global](https://feedsoft.ai/events/5532-european-diesel-jumps-over-100-mt-amid-middle-east-tensions-s-and-p-global.md) | +36.4% | +69.9% |
| DIESEL | 2026-07-30 | [Diesel Prices Climb Over Middle East Conflict and Refinery Attacks - WSJ](https://feedsoft.ai/events/18532-diesel-prices-climb-over-middle-east-conflict-and-refinery-attacks-wsj.md) | -13.4% | -3.5% |
| DIESEL | 2023-12-18 | [Diesel benchmark down again, futures markets up amid Red Sea tension - FreightWaves](https://feedsoft.ai/events/32876-diesel-benchmark-down-again-futures-markets-up-amid-red-sea-tension-freightwaves.md) | +1.0% | +1.3% |
| DIESEL | 2026-03-02 | [Diesel and Gasoline Prices Rise on Iran Strikes - TT](https://feedsoft.ai/events/8776-diesel-and-gasoline-prices-rise-on-iran-strikes-tt.md) | +36.4% | +69.9% |
| DIESEL | 2026-03-17 | [US average diesel prices cross $5 a gallon as Middle East War tests global economy \| Reuters](https://feedsoft.ai/events/20338-us-average-diesel-prices-cross-5-a-gallon-as-middle-east-war-tests-global.md) | +6.6% | -5.4% |
| WTI | 2024-10-04 | [What's next for oil, gas prices as Middle East tensions heat up? \| AP News](https://feedsoft.ai/events/12042-what-s-next-for-oil-gas-prices-as-middle-east-tensions-heat-up-ap-news.md) | +2.9% | -6.3% |
| WTI | 2026-03-02 | [European diesel jumps over $100/mt amid Middle East tensions \| S&P Global](https://feedsoft.ai/events/5532-european-diesel-jumps-over-100-mt-amid-middle-east-tensions-s-and-p-global.md) | +35.6% | +50.4% |
| WTI | 2026-03-02 | [Diesel and Gasoline Prices Rise on Iran Strikes - TT](https://feedsoft.ai/events/8776-diesel-and-gasoline-prices-rise-on-iran-strikes-tt.md) | +35.6% | +50.4% |

## Sources

- fleetowner.com: https://www.fleetowner.com/emissions-efficiency/fuel-economy/article/55233829/fuel-prices-diverge-diesel-up-gasoline-down-amid-hurricanes-and-heightened-middle-east-tension

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.