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The U.S. weekly average retail diesel price fell 16.5 cents per gallon to $6.127, its second consecutive weekly decline and lowest level since October 12. Diesel and crude futures also weakened as markets priced in the possibility of reduced U.S. military involvement in the Middle East after the election.
Lower crude and diesel prices can reduce fuel and freight costs for feed supply chains. The easing of geopolitical risk expectations is bearish for diesel and crude benchmarks.
thelogisticnews.comMickNov 11, 2026After 51 past bearish geopolitics events, ULSD / Diesel moved a median -2.4% over 5 sessions (37% higher; middle half -8.2% to +3.9%), and -2.3% over 20.
After 255 past bearish geopolitics events, Crude Oil (WTI) moved a median -2.4% over 5 sessions (31% higher; middle half -7.0% to +1.7%), and -5.0% over 20.
After 250 past bearish geopolitics events, Crude Oil (Brent) moved a median -3.1% over 5 sessions (36% higher; middle half -7.9% to +1.6%), and -5.5% 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.
