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U.S. Diesel Near Record High Spurs Australia Price Pressure

By Drooid · Sep 25, 2026, 10:07 PM UTC · How we work

Summary

Story summary

U.S. diesel prices rose to about $6.50 a gallon in late September 2026, near a record high.
Australian diesel reached 298.7 cents per litre in Canberra, adding roughly $22 to a full 55-litre tank.
Analysts warn a U.S. export ban could force Australia to ration diesel and lift prices above $4 a litre.
Australia’s diesel stockpiles fell to 31 days of supply in September, down from 39 days in July.

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Story summary

U.S. diesel prices rose to about $6.50 a gallon in late September 2026, near a record high.
Australian diesel reached 298.7 cents per litre in Canberra, adding roughly $22 to a full 55-litre tank.
Analysts warn a U.S. export ban could force Australia to ration diesel and lift prices above $4 a litre.
Australia’s diesel stockpiles fell to 31 days of supply in September, down from 39 days in July.