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.
#Diesel Prices
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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.
Diesel Hits $5.40/Gallon, Gasoline $4 in Record August Spike
Fuel costs reach all-time highs for the month, adding $270 per week to a typical over-the-road truck's operating expense.
Brent Crude Dips to $87.18 After 5% Surge on Hormuz Uncertainty
Oil settled 0.6% lower Aug. 11 after Monday's jump. Strait reopening timeline still unclear.
Rail Volume Up 2% to 6%, Intermodal Gains Drive Truck-to-Rail Shift
Four Class 1 railroads raised guidance after Q2 earnings showed broad-based volume growth. Union Pacific domestic intermodal set a fourth straight quarterly…
Spot Rates Hold at $3.51/Mile as Diesel Falls, Capacity, Not Fuel, Drives Pricing
Knight-Swift truckload operating income up 69% year over year. Tender rejections at 14.36%, flatbed at 23%. Carriers say regulatory pressure and driver…
Canadian Refinery Shutdown Could Spike Northeast Diesel Prices This Fall
Irving Oil's 300,000-barrel-a-day Saint John plant goes offline September through November: just as heating oil demand climbs and U.S. refiners run at capacity.
Diesel Hits Multi-Year High as Hormuz Tensions Choke Supply
Strait of Hormuz disruptions are driving diesel prices to levels not seen in years. What the spike costs small fleets and why driver pay surged 70% since 2020.
Diesel Up 40% in Two Months, What Small Fleets Are Doing to Survive
National diesel averages hit $3.78 to $3.81 by spring 2026, with California fleets paying over $4.50. Fuel surcharges lag weeks behind, leaving small carriers…
Spot Rates Up 50% Year-Over-Year as Mid-June Slump Hits Demand
Market Demand Index climbed 97% year-over-year despite typical seasonal dip. Falling diesel prices boost fuel-adjusted rates for carriers.