20 August 2026
Diesel still ripping higher than the rest of the barrel; here’s why

Beyond looking out the windshield and seeing retail diesel prices that once again are rising, here are some key comparisons that a consumer dealing with those higher numbers should know. On February 27, the last day before military action began between Iran on one side and the U. S. and Israel on the other, the price of international crude benchmark Brent settled at $72. 48/barrel on the CME commodity exchange.
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