Diesel Benchmark Drops 0.1¢, Futures Signal Tightening Ahead
DOE retail diesel fell the smallest possible increment this week to $5.639/gal, while futures markets show signs the recent slide may be reversing.
#Diesel Prices
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House Speaker Calls Federal Gas Tax Suspension 'Intriguing'
Mike Johnson stopped short of a timeline, but the idea is on the table as diesel holds at $4.48 and crude climbs past $104.
Diesel Jumps 12.6% in One Month, April Fuel Spike Hits Settlements
Wholesale diesel climbed 12.6% from March to April and 22.7% year-over-year as energy prices surged 7.8% in a single month.
Brent Crude Hits $107.72: Up 3.4% on Iran War Stall
International oil benchmark climbs as market prices in longer conflict: diesel and fuel surcharges track crude moves within days.
Gas Tax Suspension Floated as Pump Price Hits $4.52
Trump administration considers temporary federal gas tax waiver after Iran conflict pushes diesel and gasoline to multi-year highs.
Hormuz Closure Drains 100M Barrels a Week, Stockpiles Running Low
Saudi Aramco CEO warns storage is being drawn down to cover the shortfall as the strait stays shut.
Brent Crude Jumps 3.5% to $104.88 as Iran Talks Collapse
Oil climbs on diplomatic breakdown, diesel costs stay elevated as Hormuz remains shut and crude tops $100 for the eighth straight session.
Hormuz Shut Since May 5, No Tankers Through, Diesel Still Climbing
Iran halted all transits through the Strait of Hormuz three days ago and imposed new shipowner reporting rules. Crude and diesel prices remain elevated despite…
Diesel Hit Record Seasonal Levels Mid-April as War Costs Squeeze Margins
Box manufacturers struggle to pass transportation cost spikes downstream, a signal that freight buyers are pushing back on fuel surcharges even as diesel…
Job Market Holds Steady Despite Oil Supply Shock, No Fleet Hiring Freeze Yet
Employers added 115,000 jobs in April as Iran conflict disrupts global oil but leaves US labor demand intact. What that means for driver availability and shop…
Brent Crude Back Over $100 as Hormuz Closure Drags Into Second Week
Brent rose 1.8% to $101.80/bbl May 8 after a volatile morning: diesel costs remain elevated as the strait stays shut.
Brent Crude Falls 3.8% to $97.38 on Iran-US Peace Talks
International oil benchmark drops nearly four percent as diplomatic signals ease war premium: diesel and gasoline prices expected to follow within days.