Behind the Markets Podcast · Friday, September 11, 2026
Oil prices have surged, with yesterday's price going above $100 and showing a slight decrease today. However, diesel prices have climbed even more significantly, crossing the $6 mark. The speaker notes that diesel could see daily jumps of two to four cents if oil prices do not decrease, and the outlook on this front is not positive.
“I would urge Walsh to get on the phone with Trump and, you know, give him warning of this and explanation of why he has to do that.”
“Uh, uh, yeah, again, what you, what we see is oil is, uh, surging yesterday above 100 coming down today, but, uh, diesel even more crossing $6 on, uh, and moving up very rapidly, by the way.”
“Um, uh, you know, we may see two, three, four cent jumps in diesel, uh, for daily for a while, unless the price really comes down on oil.”