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US retail petrol averaged $4.17 a gallon on Monday, down 12 cents from a week earlier and 23 cents from a month ago, while diesel eased to $6.29 a gallon. The easing followed renewed diplomatic efforts to end the US-Israel war on Iran and talks in Qatar.
Retail fuel prices reflect the crude decline, but they remain far above last year, keeping farm and haulage costs elevated. Feed buyers face continued high diesel and freight costs until crude stays lower.
aljazeera.comAndy HirschfeldNov 2, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
