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Diesel prices drop again in some places, eyes on expiring policy measures
As of 5 June 2026, Brent crude is trading around USD 95 a barrel, a 3% reduction since 22 May. However, it has seen great volatility since 28 May, trading between USD 91 and USD 99 a barrel. Here is the latest overview for the road transport sector, including pump prices.
Fuel prices stabilising, but crisis far from over
On 22 May 2026, Brent crude is trading at around USD 105 a barrel, down 4% from last week. Diesel pump prices have started to ease in several markets, but the European fiscal-cliff calendar is now densely packed into the last week of May and the first week of June. Here is the latest overview for the road transport sector.
Pump price increases ease in the EU, but not elsewhere
On 8 May 2026, Brent crude is trading around USD 100 a barrel, around 20% lower than a week ago. Diesel pump prices in the EU are easing on the back of the crude unwind and five fiscal packages all simultaneously in force for the first time since the war in Iran. Here is the latest overview for the road transport sector.
War pump prices continue to climb
On 30 April 2026, Brent crude is trading near USD 126, the highest level since 27 February and up around 18% week on week. The European market is heading into the 1 May Labour Day holiday with a tight cluster of national fiscal policy decisions. Here is the latest overview for the road transport sector.
Uncertainty keeps pump prices high and volatile for road transport sector
On 24 April 2026, Brent was trading above USD 105 a barrel despite the indefinite extension of the US–Iran ceasefire announced on 21 April. Diesel pump prices in the EU fell week on week, but stabilised over the last few days, marking a halt to the downward trend. Here is the latest overview for the road transport sector.
Ceasefire holds Brent below 100, pump prices still high but ease slightly
On 17 April 2026, Brent reached USD 98.83 a barrel, up 35% since 27 February, while the week-on-week move was flat at +0.6%. Although huge price gaps remain between countries, EU diesel averaged EUR 2.07 per litre, up 27% cumulatively since the start of the war, down from 33% last week. A similar slight easing of pump prices was also seen in Brazil, Türkiye and the US, but not China. Here is the latest overview for the road transport sector.
War pump prices still way up
As of 10 April 2026, traffic through the Strait of Hormuz remains severely restricted, with only 5–7 vessels transiting daily versus over 100 pre-war. Brent crude reached USD 97.08 a barrel, down 11.5% from last week's peak of USD 119.24 but still 33% above the pre-war baseline. Here is the latest overview for the road transport sector.