Market Intelligence

EIA Outlines Core Cost Components Behind Distillate and Diesel Pricing

Crude oil costs, refining margins, logistics, and supply tightness dictate distillate fuel oil prices, according to the US Energy Information Administration.

By Global Freight Newsroom, Newsroom deskShare:LinkedInXEmail
Vector illustration of refinery towers and storage tanks
Refinery and tank terminal infrastructure. Editorial illustration — not a photograph of the events described. · Global Freight in-house illustration

Distillate fuel oil pricing, commonly sold as diesel, is determined by a combination of foundational market factors. These include crude oil costs, crack spreads used as a measure for refining margins, distribution expenses, retail margins, and taxes.

Elevated crude feedstock costs alongside constrained worldwide distillate fuel oil availability have pushed prices upward in recent months.

The US Energy Information Administration highlights that refining margins, captured through crack spreads, remain a key indicator alongside logistics and retail factors in shaping final fuel costs.

Source attribution

This report was written by the Global Freight editorial desk based on material published by U.S. Energy Information Administration. It is an original summary and analysis, not a reproduction of the source text. Figures and claims are limited to those present in the source material.

What goes into diesel prices?
Topics

Global Freight Briefing

The commodity and freight brief, twice weekly

Concise coverage of fuel oil, energy trading and shipping markets for professional readers. No promotional content.

Related coverage

Related blogs

Further reading across commodity trading, energy and oil markets, fuel oil and shipping logistics.

More from Global Freight Newsroom