Diesel prices across the U.S. hit a 33-month high in the week ending March 26, climbing half a cent as oil prices rose to nearly $107 per barrel.
Diesel prices increased to $4.147 a gallon, the highest price since the week ending Aug. 18, 2008. The average price is 2.1 cents higher than the same period a year ago, according to the U.S. Energy Information Administration.
The rise was the steepest in the Rocky Mountain region, where prices rose 1.7 cents to $4.136 per gallon. Prices inched up in all regions, except in California, where prices fell half a cent to $4.476 a gallon.
Crude oil for May delivery rose $1.52 to $106.87 a barrel on the New York Mercantile Exchange. The increase came amid news that some buyers have halted or curbed imports of Iranian oil because of Westernsanctions.
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