Diesel fuels costs climb, reaching a new premium over gasoline

The cost of diesel fuel hit a record premium over the cost of gasoline as refinery outages and Russia's war on Ukraine limit supply and drive up prices ahead of winter. 

The national average for diesel fuel was $5.34 on Thursday, about $1.61 above the price of gasoline, according to Oil Price Information Service (OPIS).

Diesel fuel inventories are lower than they typically are this time of year as the U.S. increases its export of diesel to European countries that have stopped purchasing fuel from Russia.