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The U.S. average gasoline price fell 15.9 cents over the week to $3.96 per gallon, while the average diesel price dropped 9.5 cents to $6.186. GasBuddy attributed the declines to seasonal factors, including weaker demand in cooler weather and refiners increasing output after maintenance, and said increased oil flows through the Strait of Hormuz could help keep prices lower.
Seasonal demand easing and stronger refinery output increase fuel availability, while higher oil flows may further relieve crude supply concerns. Lower fuel prices ease transport and production costs for feed buyers.
gasbuddy.comNov 9, 2026After 79 past bearish macro events, ULSD / Diesel moved a median -1.0% over 5 sessions (39% higher; middle half -5.7% to +1.7%), and -1.5% over 20.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
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.
