Brent Crude Falls 5.7% as Hormuz Deal Hopes Pull Diesel Off Peak
International oil benchmark drops to $103.61 per barrel — down from $115 earlier this week — on diplomatic progress in the Strait of Hormuz.
#Fuel Costs
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California Subpoenas Gas Stations Over Anomalous Diesel Pricing
State fuel watchdog targets stations charging outlier prices as diesel volatility squeezes small fleets.
Diesel Surges Past $4.48 — Strait of Hormuz Closure Hits Fuel Costs
National diesel average climbs $1.32 year-over-year as crude tops $100/barrel and Middle East shipping lane remains shut.
Diesel Hits $5.35/Gallon — Auto Haulers Absorb $1.80 YoY Spike
National diesel average sits $1.80 above year-ago levels as Iran supply warnings push auto transport costs up 16.7% from pre-conflict baseline.
Capacity Plummets 10.9 Points in April — Tightest Freight Market in a Decade
Transportation capacity hit 28.4 on the Logistics Managers' Index — the second-fastest decline on record — while spot prices jumped 5.6 points to 95, the…
Diesel Jumps 29 Cents in One Week — Futures Signal More Pain Ahead
DOE benchmark diesel hit $5.64/gallon this week, erasing three weeks of declines. Futures climbed 28 cents in five trading days as Hormuz blockages persist and…
Brent Crude Falls to $111.43 as Hormuz Closure Drags On
International benchmark drops 2.7% despite strait remaining largely shut — diesel and fuel surcharge implications for small fleets.
Renewable Diesel and RNG Gain Ground as Crude Tops $110
With Brent at $110 and diesel costs climbing, renewable diesel, high-blend biodiesel, and renewable natural gas are drawing more small-fleet interest for cost…
Brent Crude Hits $110.37 — Up 2% on Strait of Hormuz Tensions
International oil benchmark climbs to $110.37 per barrel as geopolitical risk tightens supply. What the move means for diesel costs and small-fleet fuel bills.
Brent Crude Up 11% for the Week — Closes at $109.88
International oil benchmark gained roughly 11% over five trading days despite Friday slip, keeping diesel costs elevated for small fleets.
PCE Inflation Hits 3.5% — Highest in Three Years on Fuel Spike
March year-over-year inflation jumped to 3.5 percent as diesel and gasoline prices climbed, tightening margins for owner-operators and small fleets already…
Oil Slides to $108.51 but Diesel Still Pinches Small Fleets
Brent crude fell $1.93 overnight — a drop that barely registers against fuel costs running 40% above pre-pandemic norms.