The tri-state gasoline price surge has taken a slight dip as crude oil prices ease some pressure on petroleum markets.

The New York City average gas price is $4.56 per gallon, down one cent from last week. Long Island and Connecticut are also down a penny from last week at $4.46 and $4.49 respectively. New Jersey has seen a drop of four cents from a week ago coming in at $4.38, the lowest tri-state price. The national average is the same as last week at $4.47.

“Pump prices are taking a breather after a six-week runup driven by soaring oil prices, which remain elevated,” said Robert Sinclair of AAA Northeast. “Despite extremely high prices for this time of year, demand is holding steady with drivers appearing to absorb the higher costs through early autumn.”

Soaring diesel prices have been in the news with the national average rising above $6 per gallon recently. The current national diesel price is $6.45, down six cents from a week ago. Locally, the five boroughs of New York City have the most expensive diesel at $6.72 per gallon, down a penny from a week ago. The Garden State has the cheapest local diesel at $6.42 per gallon, down four cents from last week. Diesel on Long Island comes in at $6.59, three cents less than last week. Diesel in Connecticut averages $6.49, five cents more than last week.

Most crude oil and refined product prices settled lower last week when trading stopped on Friday, with domestic West Texas Intermediate (WTI) slipping more than $3 for the week and Brent crude settling nearly flat with a gain of just 50 cents. Oil and gas markets saw most of the losses on Friday, when both WTI and Brent fell by about $2 on reports of renewed diplomatic efforts for peace negotiations between the United States and Iran. Markets also reacted to multiple reports of improved product exports from the Middle East, with several oil tankers successfully transiting the Strait of Hormuz and Saudi Arabia reporting progress in reopening a key pipeline that was damaged and shut down after drone attacks earlier this month.

While any relief at the pump is welcome news, markets remain unsettled and oil prices were rising again in weekend trading in response to reports that the U.S. and Iran will not immediately return to the negotiation table. At the same time, pump prices are reflecting increasing tightness in domestic inventories, according to last week’s data from the Energy Information Administration (EIA). Gasoline inventories fell about 1.7 million barrels to 206 million barrels — well below the five-year average of 218 million barrels, according to the EIA. The decline in stockpiles is attributed to steady domestic demand, continued high exports and a recent dip in domestic refinery output. The EIA last week reported refinery utilization fell from 96.8% to 94%, but output remains well above the average of 91% for this time of year.