# Diesel prices retreat after US election as oil markets reassess Middle East risks

> 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.

- Date: 2026-11-11 · published 2026-11-11T15:29:56.268Z
- Category: geopolitics · region US · magnitude medium
- Page: https://feedsoft.ai/events/93778-diesel-prices-retreat-after-us-election-as-oil-markets-reassess-middle-east
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

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.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2025-06-30 | [Oil prices fall on easing Middle East risks](https://feedsoft.ai/events/24130-oil-prices-fall-on-easing-middle-east-risks.md) | +4.1% | +5.4% |
| DIESEL | 2026-03-22 | [Oil prices plunge 11% on US-Iran talks to resolve hostilities in the Middle East \| Reuters](https://feedsoft.ai/events/8153-oil-prices-plunge-11-on-us-iran-talks-to-resolve-hostilities-in-the-middle-east.md) | -2.4% | -23.4% |
| DIESEL | 2026-03-23 | [Oil prices slide as Trump’s Hormuz ultimatum keep markets on edge](https://feedsoft.ai/events/11449-oil-prices-slide-as-trump-s-hormuz-ultimatum-keep-markets-on-edge.md) | -2.4% | -23.4% |
| DIESEL | 2026-04-13 | [Oil prices fall as supply concerns ease on hopes for US-Iran talks - CNA](https://feedsoft.ai/events/10085-oil-prices-fall-as-supply-concerns-ease-on-hopes-for-us-iran-talks-cna.md) | -8.7% | +3.8% |
| DIESEL | 2026-04-09 | [Refined fuel prices retreat in Asia, but still show supply stress \| Reuters](https://feedsoft.ai/events/10134-refined-fuel-prices-retreat-in-asia-but-still-show-supply-stress-reuters.md) | -2.5% | -1.4% |
| WTI | 2025-06-30 | [Oil prices fall on easing Middle East risks](https://feedsoft.ai/events/24130-oil-prices-fall-on-easing-middle-east-risks.md) | +2.0% | -0.5% |
| WTI | 2025-06-23 | [Oil prices drop 6% as Israel-Iran ceasefire reduces Middle East supply risk \| Reuters](https://feedsoft.ai/events/8643-oil-prices-drop-6-as-israel-iran-ceasefire-reduces-middle-east-supply-risk.md) | -12.2% | -9.7% |
| WTI | 2026-03-10 | [Oil dives, settles down 11% after Trump predicts Middle East de-escalation \| Reuters](https://feedsoft.ai/events/6628-oil-dives-settles-down-11-after-trump-predicts-middle-east-de-escalation-reuters.md) | -1.3% | +20.4% |

## Sources

- thelogisticnews.com: https://thelogisticnews.com/diesel-prices-retreat-after-us-election-as-oil-markets-reassess-middle-east-risks/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.