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.
#Oil Prices
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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.
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.
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.
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.
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.
Oil Hits Highest Price Since June 2022 as Hormuz Conflict Drags On
Crude surge driven by U.S.-Iran standoff and choked Strait of Hormuz flows: no end date in sight for fuel cost relief.
Oil Jumps 3%: Brent at $107.61, WTI at $103.32
Benchmark crude prices posted sharp single-day gains April 29, pushing Brent above $107 and WTI above $103: the highest settlement in three weeks.
Brent Crude Holds Above $100 for Eighth Straight Week on Iran Conflict
International benchmark rose 1.8% to $103.76 April 23: diesel and fuel surcharges track the move.
Brent Crude Hits $103.88 as Iran Conflict Pushes Oil Higher
July Brent rose $2.19 to $103.88 per barrel April 28, the second straight session above $100, as the Iran war drags into its second month with no diplomatic…
Brent Crude Jumps 2.3% to $101.38 as Iran Talks Stall
July Brent crude rose to $101.38 per barrel Monday: a 2.3% gain tied to stalled Iran negotiations. What the move means for diesel and settlement statements.