FreightWaves oil report: here are the oil and diesel numbers that OPEC faces this week

After 626 past bullish geopolitics events, Crude Oil (WTI) moved a median +2.1% over 5 sessions (62% higher; middle half -2.3% to +8.5%), and +1.6% over 20.

• May 26, 2017OPEC cut unlikely to move U.S. diesel prices - FreightWaves-2.1%
• Jun 13, 2025Diesel and crude spike higher on Israel attack, though no Iranian oil facilities impacted - FreightWaves+10.2%
• Sep 16, 2019Truckers: Fill up your tank ASAP. Diesel could surge $.60 per gallon this week - FreightWaves+5.8%
• Feb 24, 2026For 7th straight week, benchmark diesel price is higher - FreightWaves+7.3%
• Sep 22, 2019Diesel and Detroit disruptions hit trucking hard and fast - FreightWaves-3.5%

After 656 past bullish geopolitics events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.

• Jan 13, 2025Benchmark diesel price up for third week as oil futures markets soar again - FreightWaves+2.7%
• May 26, 2017OPEC cut unlikely to move U.S. diesel prices - FreightWaves-2.9%
• Jun 13, 2025Diesel and crude spike higher on Israel attack, though no Iranian oil facilities impacted - FreightWaves+12.0%
• Sep 16, 2019Truckers: Fill up your tank ASAP. Diesel could surge $.60 per gallon this week - FreightWaves+6.6%
• Sep 16, 2019Oil out of the gate: higher by 11-14% for key benchmarks, but diesel prices lag - FreightWaves+6.6%