Loading…
Oil prices fell after US President Donald Trump announced an agreement with Russian President Vladimir Putin to increase Russian diesel supplies to US and global markets. Trump said Russia would immediately supply more than 300,000 metric tons of diesel, with 500,000 tons more in November and 1 million tons in a later phase, after Washington temporarily eased restrictions on Russian diesel imports.
Larger diesel availability could ease global fuel shortages and weigh on crude and diesel prices, though analysts see the volumes as a small share of global consumption. For feed buyers, lower diesel costs modestly reduce freight and grain logistics expenses.
ilkha.comWORLDNov 13, 2026After 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.
After 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.
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.
