Diesel Could Hit $7 to $9 a Gallon by November, Strategist Warns
Jeff Currie sees 'extremely high' risk of $5 retail gas and diesel as high as $9/gallon if crude keeps climbing.
Fuel & Energy
Diesel and fuel prices, crude oil markets, fuel surcharges, alternative fuels (RNG, renewable diesel, CNG), refining capacity, energy policy.
Brent Crude Hits $105.26 After Two-Day 8.5% Rally
International oil benchmark jumped 4% Sept. 10 after a 4.3% gain the day before. Every dollar above $100 adds roughly 3 cents to diesel retail.
Oil Tops $100 for First Time Since July on Middle East Attacks
Brent crude jumped 2.8% to $100.62/barrel Sept. 9, the first triple-digit close in two months. Every dollar adds roughly 3 cents to diesel.
Brent crude hits $97.85 as Iran war enters sixth month
Oil rose 0.9% to a six-week high Sept. 8. Every dollar adds roughly 2.4 cents to diesel retail.
Brent Crude Hits $97 as Iran Fighting Intensifies
Benchmark U.S. crude climbs to $92.92 per barrel, pushing diesel costs higher for small fleets already squeezed by elevated fuel surcharges.
Diesel Futures Hit $4.68/Gallon, New Post-War High
CME diesel settled at $4.6773/gallon Tuesday, up 18.36 cents in one day. Retail prices lag behind, but the surge will hit fuel surcharges within days.
Trump Venezuela Oil Deal Leaves Diesel Price Question Open
White House says the deal will lower pump prices and refill reserves, but neither outcome is guaranteed for fleets watching fuel costs.
Brent Crude Ticks Up to $88.68 as Iran War Keeps Oil Volatile
International benchmark rose 0.2% Aug. 28, still swinging on Middle East uncertainty. Diesel and fuel surcharges follow every move.
Brent crude hits $87.32 as Iran-Oman talks ease Hormuz tensions
Oil up 0.4% on August 27 after diplomatic progress and softer U.S. sanctions calm tanker-exit fears in the Persian Gulf.
Brent Crude Falls to $86.66 as Iran Sanctions Tighten
Oil dropped 5.5% in three days on new Trump administration pressure. What the slide means for diesel costs and when relief hits the pump.
U.S. refineries hit highest run rate since 2019 as Iran war drives output
Crude throughput reached 17.4 million barrels per day last week, the fastest pace in nearly seven years.
Diesel Crack Spread Hits $102, Record High Signals Pump Spike Ahead
The refinery markup on diesel just hit an all-time high of $102 per barrel, four to six times normal. What the record spread means for your fuel bill in Q4.