West Texas Intermediate for September delivery traded 2 cents higher at $43.04 a barrel on the New York Mercantile Exchange as of 12:54 p.m. in London. Prices increased $1.22 to settle at $43.02 a barrel on Monday, the highest close since July 25. Total volume traded was about 14 percent below the 100-day average. Brent for October settlement was little changed at $45.35 a barrel, recouping an earlier loss of as much as 59 cents, or 1.3 percent, on the London-based ICE Futures Europe exchange. Prices gained 2.5 percent to settle at $45.39 on Monday, the highest close since July 22. The global benchmark traded at a $1.58 premium to WTI for October.
National Average Price for Regular – Current: $2.568; Month Ago: $2.378; Year Ago: $2.209.
National Average Price for Diesel – Current: $2.729; Month Ago: $2.541; Year Ago: $2.354.