National diesel average is up, for the week of September 8, reports EIA

Summary

The U.S. national average diesel price rose for the second consecutive week, increasing 3.2 cents to $3.766 for the week of 8 September, according to the Energy Information Administration. This follows a 2.6-cent rise the prior week and comes after several weeks of small declines and increases through July and August. On an annual basis the national average is up 21.1 cents. West Texas Intermediate (WTI) crude traded at $63.09, down from $64.50 a week earlier. A New York Times report noted eight oil-producing countries — led by Saudi Arabia — plan a combined October output increase of 137,000 barrels per day, a small but meaningful signal on supply strategy.

Key Points

Weekly diesel average rose 3.2 cents to $3.766 for the week of 8 September.
This is the second straight weekly increase after a 2.6-cent rise the week before.
On a year-over-year basis, diesel is higher by 21.1 cents.
WTI crude price slipped to $63.09 from $64.50 the previous week.
Eight oil producers, led by Saudi Arabia, plan a 137,000 bpd increase in October — modest in scale but notable for market signalling.

Context and relevance

Small weekly moves in diesel can matter for fleet operators, carriers and logistics planners because they compound into operational cost changes. The modest crude-price dip and the announced production uptick suggest suppliers are easing prior restraint — enough to influence short-term price direction but not large enough to fundamentally reshape markets. For procurement teams and transport managers, this is a timely check on fuel cost trends and supply-side sentiment.

Why should I read this?

Short version: if you run vehicles, manage freight budgets or keep an eye on commodity signals, this is a quick and useful update. It’s a two-minute read that tells you whether fuel costs are moving in a way that might nudge budgets or pricing discussions — and whether producers are changing tack on supply.