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There are few commodities that transport a similar amount of value, as does crude oil. It is an ingredient in gasoline, diesel, jet fuel…Continue reading on Medium »
Data through yesterday: Figure 1: Regular gasoline (blue, left scale), diesel (red, left scale), jet fuel-kerosene (green, left scale), all $/gal., and spot price Brent oil (black,...
Brent crude gained 2.3% to $108.12 a barrel. Prices for Brent and U.S. benchmark crude are up more than 50% since the Iran conflict began in late February.
Brent crude gained 0.1% to $105.77 a barrel. Gas prices averaged $4.33 per gallon on Oct. 14, according to AAA, up slightly from a month ago.
(BOE Report) – A chasm in pricing crude oil has emerged — barrels constrained by choke points are being offered […]
Data through 9/7 from the EIA: Source: EIA via FRED. Black + denotes November Brent futures as of 9/9/2026, 2pm CT. The black “+” above is the near month futures price. Cash as of...
Brent spot FOB through yesterday: Diesel today (AAA): $6.31/gallon.
Saudi Arabia closed the East-West pipeline, making American oil supplies even more critical, with record shipping costs doing little to deter buyers in Asia.
(Oil & Gas 360) – Global crude oil transportation costs have increased approximately sevenfold over the past year, creating additional […]
(Oil & Gas 360) – Global crude oil markets remained volatile Tuesday as renewed security threats to Middle Eastern energy […]
The split between recovering crude flows and scarce refined products points to a market where crude prices may ease while diesel stays expensive, keeping refining margins and diese...
Brent crude oil, the international standard, fell 0.7% to $105.91 a barrel. That is still higher than the roughly $72 per barrel in late February before the Iran war.
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