Oil Falls $4.37 on Iran Deal, Diesel Relief Coming for Fleets
Brent crude dropped to $82.96 per barrel June 15 as a tentative deal to end the Iran war took shape. What the pullback means for fuel costs.
#Oil Prices
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Oil Falls 3% on Iran Talk Progress, Still $17 Above Pre-War Level
Brent crude dropped to $87.58/barrel June 12 after Trump claimed breakthrough in Iran negotiations. Diesel and fuel surcharges remain elevated for fleets.
Brent Crude Hits $93, Up 33% Since War Started in February
Oil climbed to $93.15 a barrel June 11 after Trump threatened to seize Iran's oil. Brent was at $70 before the war.
Brent Crude Drops 3.3% to $91 After Iran War Spike
Oil fell back to $91.14 a barrel June 9 after briefly topping $98 the day before. Strait of Hormuz deal hopes ease fuel costs for fleets.
Brent Crude Jumps to $94.25 as Iran Conflict Escalates
International benchmark rose 1.2% Monday after a $4.60 overnight spike. Diesel and fuel surcharges will follow.
Brent Crude Down to $94.23, Still 35% Above Pre-War Level
International oil benchmark slipped 0.8% Friday but remains $24 per barrel higher than late February, keeping diesel and fuel surcharges elevated for small…
Brent Crude Falls $2.42 to $95.39 as Iran War Developments Ease
Oil prices dropped June 4 on Iran war developments. U.S. crude fell $2.30 to $93.72. Diesel relief could follow in 10 to 14 days.
Brent Crude Jumps $2.22 to $98.22, Up 10% This Week
Oil prices climbed 10% this week after a two-week retreat as U.S. and Iran trade attacks. Brent hit $98.22 per barrel June 3.
Brent Crude Slips to $93.49 but Still $23 Above Pre-War Level
International oil benchmark dropped $1.49 on June 2 but remains 33% higher than the $70 baseline before the Strait of Hormuz closure.
Brent Crude Jumps 3.3% to $94.16 on U.S.-Iran Tensions
International oil benchmark climbs early June 1 as Middle East conflict escalates, adding pressure to diesel and fuel costs.
Brent Crude Falls 2.1% on Ceasefire Talk, Diesel Relief Weeks Out
International oil benchmark dropped to $90.78/barrel May 29 as Iran war de-escalation hopes build, but pump prices lag crude moves by 10 to 14 days.
Brent Crude Jumps 3.8% to $99.80 After U.S. Strikes Iran
International oil benchmark rebounds nearly $4 a barrel in one session following military action. Diesel and fuel surcharges likely to follow.