
Brent Crude Dips to $105.44 as Iran War Drags On With No End in Sight
Oil fell 19 cents May 14 after a week of whipsaw moves: diesel still sits near $4.48, and small fleets are watching every penny.
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Oil fell 19 cents May 14 after a week of whipsaw moves: diesel still sits near $4.48, and small fleets are watching every penny.

Strait of Hormuz crude and fuel flows fell nearly 30% in Q1, the Energy Information Administration reports. Small fleets face diesel price exposure if the drop…

Saudi Aramco CEO warns storage is being drawn down to cover the shortfall as the strait stays shut.

Oil climbs on diplomatic breakdown, diesel costs stay elevated as Hormuz remains shut and crude tops $100 for the eighth straight session.

Iran halted all transits through the Strait of Hormuz three days ago and imposed new shipowner reporting rules. Crude and diesel prices remain elevated despite…

Brent rose 1.8% to $101.80/bbl May 8 after a volatile morning: diesel costs remain elevated as the strait stays shut.

International oil benchmark drops to $103.61 per barrel, down from $115 earlier this week, on diplomatic progress in the Strait of Hormuz.

National diesel average climbs $1.32 year-over-year as crude tops $100/barrel and Middle East shipping lane remains shut.

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.

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 widest…

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…

International benchmark drops 2.7% despite strait remaining largely shut: diesel and fuel surcharge implications for small fleets.