Diesel Falls 4.3¢ to $5.596, Second Straight Week Down
DOE benchmark drops to $5.596/gal after five weeks of 20-cent swings. Futures tick up as Iran-war volatility eases.
#Iran War
21 posts tagged with this topic.
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.
U.S. Exported Half of Strategic Reserve Oil, Diesel Still Tight
Nearly half the crude released from the SPR left the country, a sign global supply tightness is keeping diesel and fuel prices elevated for 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.
Iran War Drives Base Oil Shortage, Oil Changes About to Cost More
Industrial lubricants used to make motor oil are in short supply with no relief in sight, pushing maintenance costs higher for fleets already squeezed by tight…
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.
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.
Gasoline Hits $4.48, Up 50% Since Iran War Started
Pump prices jumped 31 cents in a week as conflict drives fuel costs to levels not seen since 2022, squeezing owner-operator margins on every deadhead mile.
BP Stock Surge During Iran War, No Fleet Equipment Impact
BP emerges as top oil supermajor stock amid Iran conflict trading profits. No truck specs, fuel hardware, or maintenance changes for fleets.