fuel

Average Canadian Diesel Cost Lowest Since February preview image Average Canadian Diesel Cost Lowest Since February article image

Average Canadian Diesel Cost Lowest Since February

LONDON, ON and WASHINGTON, D.C. -- Average Canadian prices for fuel are continuing with their recent downward trend with diesel hitting its lowest level in months while in the U.S. it's at its lowest since October 2009. New figures released by the petroleum information services provider The Kent Group shows a drop of $0.009 from last week to a national average of $1.092 per liter, also marking the fifth straight weekly decline. Compared to the same time a year ago the average cost of trucking's main fuel is down $0.204 per liter. Meantime, in the U.S. there has been a more dramatic drop in fuel prices, with diesel hitting its lowest level in nearly six years, according to the country's Energy Department.

Average Diesel Cost Lowest in Nearly Three Months preview image Average Diesel Cost Lowest in Nearly Three Months article image

Average Diesel Cost Lowest in Nearly Three Months

LONDON, ON and WASHINGTON, D.C. -- The average Canadian price of diesel continues moving lower, hitting its lowest level this week since just after mid-April. New figures released by the petroleum information services provider The Kent Group show it's at $1.109 per liter, down $0.008 from last week. This is also the third straight weekly drop and has shed $0.015 during this time.