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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 (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

Author: Econbrowser

Source: Econbrowser

2026/07/01 01:39

1 min read

RED$0.0903+0.46%

NOT$0.0003808+2.17%

BLUE$0.0111+2.39%

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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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