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…
#Oil Prices
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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.
Oil Swings as Iran Deal Reports Surface, Fuel Pressure Mounts
Crude prices gave back gains May 28 after reports of a potential Iran agreement. Economic data shows the war's toll on freight costs continues.
Brent Crude Falls 4.1% to $95.48, First Big Drop Since April
International oil benchmark shed $4.08 per barrel May 27 as financial markets rallied. Diesel and fuel surcharge relief may follow if the slide holds.
Brent Crude Jumps 3.4% to $108.54 on Iran War Uncertainty
Oil hit $108.54 per barrel May 21 as Iran conflict drags on: diesel costs stay elevated for small fleets.
Brent Crude Hits $103.60, Hormuz Disruptions Push Oil Higher
International benchmark rose 1% Friday as Strait of Hormuz disruptions tighten supply. U.S. crude up 0.4% to $96.68.
Brent Crude Jumps to $111, Diesel Costs Climb Again
International oil benchmark rose 1.7% Monday, pushing fuel costs higher for fleets already paying 50% more than pre-war levels.