# Diesel Increases by a Penny; Gas Climbs Back Above $2 - TT

> The EIA reported the national average diesel price rose 1 cent to $2.396 per gallon for the week of June 8. Gasoline climbed back above $2 per gallon for the first time since early April. The article notes that OPEC+ agreed June 6-7 to extend oil production cuts.

- Date: 2020-06-08 · published 2020-06-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52826-diesel-increases-by-a-penny-gas-climbs-back-above-2-tt
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Modest fuel price increases tied to OPEC+ supply curbs point to higher crude and diesel costs, though prices remain well below last year's levels.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Sources

- ttnews.com: https://www.ttnews.com/articles/diesel-increases-penny-opec-extends-production-cuts

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