World & BusinessBrent crude reportedly back above $105 a barrel
The Kobeissi Letter reported record diesel prices on September 24 and said US consumers expected inflation of about 4.6% over the following year.
TLDR
The Kobeissi Letter reported on September 24, 2026, that Brent crude was back above $105 a barrel and diesel prices were at record highs. It said US consumers expected inflation of about 4.6% over the following year—the third-highest reading in 12 months. The publisher said the diesel surge coincided with peak global demand season, when consumption rises by 2 million barrels a day, and that truckers were paying 100% more for fuel than nine months earlier.
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Brent crude reportedly back above $105 a barrel
The Kobeissi Letter reported record diesel prices on September 24 and said US consumers expected inflation of about 4.6% over the following year.
TLDR
The Kobeissi Letter reported on September 24, 2026, that Brent crude was back above $105 a barrel and diesel prices were at record highs. It said US consumers expected inflation of about 4.6% over the following year—the third-highest reading in 12 months. The publisher said the diesel surge coincided with peak global demand season, when consumption rises by 2 million barrels a day, and that truckers were paying 100% more for fuel than nine months earlier.