Diesel still costing close to a ’dismal’ £2 a litre despite oil price falls

After 105 past bullish macro events, ULSD / Diesel moved a median -0.4% over 5 sessions (45% higher; middle half -3.4% to +1.8%), and +1.2% over 20.

• Oct 27, 2026Petrol price rises to Rs 379 . 25 , diesel to Rs 395 . 82 per litre-3.9%
• Aug 25, 2023Oil futures up 1% to one-week high on soaring US diesel prices-0.2%
• Apr 28, 2022Why diesel prices are driving up the cost of everything-3.1%
• Aug 26, 2018Why Diesel Prices Are Set To Soar+1.8%
• Dec 12, 2024Global diesel prices to rely on refinery closures for support in 2025+1.1%

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.

• Jul 1, 2022Oil prices fall due to recession worries-7.1%
• Jul 4, 2023Why are OPEC+ supply cuts failing to boost oil prices?+4.3%
• Dec 12, 2023What led to this fall's oil price slide — and what might come next | CBC News+3.3%
• Nov 1, 2023Oil falls to settle at 3-week low as Fed policy stance lifts dollar-5.3%
• Jun 17, 2018The Fed Is Driving Down Oil Prices | OilPrice.com+2.6%

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Jul 2, 2026Margins hold tight despite falling prices+7.0%
• Jul 1, 2022Oil prices fall due to recession worries-0.9%
• Jul 4, 2023Why are OPEC+ supply cuts failing to boost oil prices?+7.3%
• Apr 22, 2020Oil’s collapse and its effect on diesel prices - FreightWaves+33.7%
• Dec 12, 2023What led to this fall's oil price slide — and what might come next | CBC News+1.7%