USO rises 1.2% as diesel prices hit record highs
The United States Oil Fund rose 1.2% to $143.69 after diesel prices hit a Labor Day record national average of $5.87, with expectations for further gains as the Iran war continues.
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The United States Oil Fund rose 1.2% to $143.69 after diesel prices hit a Labor Day record national average of $5.87, with expectations for further gains as the Iran war continues.
Frugal Americans turn to Costco gas stations as fuel prices rise, affecting consumer spending habits and potentially impacting retail sales.