Brent Crude Drops as Wright Says U.S. Fuel Prices Peaked

Brent crude fell to $108.52 after Energy Secretary Chris Wright stated U.S. gasoline and diesel prices peaked weeks ago.

Oct 19, 2026

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Brent Crude Drops as Wright Says U.S. Fuel Prices Peaked

Brent crude fell to $108.52 after Energy Secretary Chris Wright stated U.S. gasoline and diesel prices peaked weeks ago.

In brief

Brent crude fell to $108.52 after Energy Secretary Chris Wright stated U.S. gasoline and diesel prices peaked weeks ago. Brent crude dropped to $108.52 a barrel as Energy Secretary Chris Wright said U.S. fuel prices peaked weeks earlier. Originally reported by TokenPost.

Brent Crude Price Drop

A drop of crude oil falls from a steel pipe. / TokenPost.ai

Brent crude fell to $108.52 a barrel Monday morning after briefly reaching $110 on Friday.

Wright on U.S. Fuel Prices

Energy Secretary Chris Wright said U.S. gasoline and diesel prices peaked weeks ago, with national averages at $4.30 and $6.32 per gallon.

“Both gasoline and diesel prices peaked a few weeks ago. They've pulled back only slightly.”

Price Trends and Waivers

Diesel prices remain below their Sept. 22 record of $6.53, and Trump signed waivers under the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026.

The short version

Brent crude dropped to $108.52 a barrel as Energy Secretary Chris Wright said U.S. fuel prices peaked weeks earlier.

Read the original on TokenPost

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