Brent Crude Climbs to $100.55 After Weeklong Slide
Oil reversed a seven-day drop, rising 1.3% Wednesday. The bounce follows a near-$110 peak last week.
#Diesel Prices
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Brent Crude Falls to $100.23 as Oil Rally Cools
Crude down nearly $10 from last week's peak. Diesel still elevated, but the pace of fuel cost increases may slow.
Why U.S. Diesel Supply Will Stay Tight Through 2027
EIA expects distillate inventories below 100 million barrels through most of 2027. The last major U.S. refinery opened in 1977.
Diesel Spike Erodes Carrier Margins as Wholesale Outpaces Retail
Retail diesel up 31% since July, wholesale up twice that pace. J.B. Hunt warns of 5-10% Q3 earnings hit. Small fleets face margin squeeze with no guarantee of…
Iran War Cuts More Diesel Supply Than Russia Conflict Did
Bloomberg estimates show the Iran conflict has removed more diesel from global markets than the Russia-Ukraine war, driving pump prices to record highs.
Brent Crude Falls to $103.38 as Hormuz Flows Stay Limited
Brent dropped 2.3% to $103.38/barrel Sept. 17, but Saudi pipeline shutdown keeps diesel on track to stay above $6/gallon.
Diesel Hits $6.26/Gallon as Freight Posts First Growth in 42 Months
Spot rates lag fuel surge by 15 cents per mile. Cass Index turns positive for the first time since 2022. Tender rejections at 14% signal tight capacity into…
Diesel Hits $6.33/Gallon, 50 Cents Above Prior Record
Saudi pipeline shutdown and refinery losses push diesel to new high. Tom Kloza says next 100 days could be rougher still for fleets and owner-operators.
Diesel Spike Cuts Natural Gas Truck Payback to Under 3 Years
Energy Vision report says RNG trucks now pencil faster for fleets replacing pre-2013 diesels, but fueling infrastructure remains the gate.
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.
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.