Oil (Brent) prices down, and so too gasoline and diesel. But not back to pre-War. Figure 1: Brent avg of daily (black), regular gasoline (blue), and diesel (redOil (Brent) prices down, and so too gasoline and diesel. But not back to pre-War. Figure 1: Brent avg of daily (black), regular gasoline (blue), and diesel (red
Diesel 22.5% above Pre-War
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Oil (Brent) prices down, and so too gasoline and diesel. But not back to pre-War.
Figure 1: Brent avg of daily (black), regular gasoline (blue), and diesel (red), all in logs, 2/27/2026=0. Source: EIA via FRED, and author’s calculations.
That being said, Brent remains in (slight) contango with peak prices at November settlement.
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