Oil Prices Move Higher, Diesel Unchanged

Oil prices rallied yesterday, moving above the $56 a barrel mark.  That’s the highest oil price since November.  Analysts said crude prices were pushed higher by OPEC-led supply cuts, U.S. sanctions on Iran and Venezuela, and hopes that the U.S./China trade dispute may soon end.

Diesel prices showed very little movement in the past week, with national diesel prices up one cent to $2.92 a gallon, Washington up one cent to $3.16, Oregon unchanged at $3.05.

As far as the lowest local prices are concerned:

• $2.87 a gallon in the Tri-Cities
• $2.97 a gallon in Wenatchee
• $3.19 a gallon in Ephrata
• $2.80 a gallon in Quincy
• $2.95 a gallon in Pendleton
• $2.89 a gallon in Yakima
• $2.85 a gallon in Moses Lake
• $3.07 a gallon in Walla Walla

If you have a story idea for the Washington Ag Network, call (509) 547-1618, or e-mail gvaagen@cherrycreekradio.com