Brent Crude Slips to $93.49 but Still $23 Above Pre-War Level
International oil benchmark dropped $1.49 on June 2 but remains 33% higher than the $70 baseline before the Strait of Hormuz closure.
#Brent Crude
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Brent Crude Jumps 3.3% to $94.16 on U.S.-Iran Tensions
International oil benchmark climbs early June 1 as Middle East conflict escalates, adding pressure to diesel and fuel costs.
Brent Crude Falls 2.1% on Ceasefire Talk, Diesel Relief Weeks Out
International oil benchmark dropped to $90.78/barrel May 29 as Iran war de-escalation hopes build, but pump prices lag crude moves by 10 to 14 days.
Brent Crude Jumps 3.8% to $99.80 After U.S. Strikes Iran
International oil benchmark rebounds nearly $4 a barrel in one session following military action. Diesel and fuel surcharges likely to follow.
Brent Crude Falls 4.1% to $95.48, First Big Drop Since April
International oil benchmark shed $4.08 per barrel May 27 as financial markets rallied. Diesel and fuel surcharge relief may follow if the slide holds.
Brent Crude Jumps 3.4% to $108.54 on Iran War Uncertainty
Oil hit $108.54 per barrel May 21 as Iran conflict drags on: diesel costs stay elevated for small fleets.
Oil Down 2.4%, Gasoline Up to $4.56, Diesel Likely Next
Brent crude fell overnight, but pump prices climbed again. The lag between crude drops and retail relief can run two weeks.
Brent Crude Hits $103.60, Hormuz Disruptions Push Oil Higher
International benchmark rose 1% Friday as Strait of Hormuz disruptions tighten supply. U.S. crude up 0.4% to $96.68.
Brent Crude Jumps to $111, Diesel Costs Climb Again
International oil benchmark rose 1.7% Monday, pushing fuel costs higher for fleets already paying 50% more than pre-war levels.
Brent Crude Holds Above $111 as Iran War Keeps Oil Markets Tight
International benchmark fell 0.7% to $111.39/barrel May 19: still 11% above pre-war levels and keeping diesel elevated for small fleets.
Diesel Hits $5.66, Brent Crude Jumps to $108 on Iran Supply Shock
Strait of Hormuz closure drives Brent crude to $107.97, up from $70 pre-war. Diesel near record high as bond yields climb and Fed rate-cut bets evaporate.
Brent Crude Dips to $105.44 as Iran War Drags On With No End in Sight
Oil fell 19 cents May 14 after a week of whipsaw moves: diesel still sits near $4.48, and small fleets are watching every penny.