10/05/2026
Monday Market Update | October 5, 2026 ⛽📊
Crude moved lower Monday, but Nevada drivers are still seeing a significant premium at the pump.
WTI crude settled at $89.43 per barrel, down 1.84% on the day, as markets weighed planned emergency reserve releases and improving Middle East export flows against continued shipping risk around the Strait of Hormuz.
At the pump, AAA’s latest averages show:
🇺🇸 U.S. regular: $4.3653/gal
📍 Nevada regular: $5.4830/gal
🚛 Nevada diesel: $6.7647/gal
↔️ Nevada vs. U.S. regular: +$1.1177/gal
That means Nevada regular is running more than $1.11 per gallon above the national average. Nevada diesel has eased from its September peak but remains elevated.
Energy stocks were mixed Monday. Phillips 66 (PSX) gained 1.94% to $269.72, while ExxonMobil (XOM) finished nearly flat at $164.00 (-0.01%) and Chevron (CVX) slipped 0.11% to $206.47.
This week’s takeaway: Crude cooled. Nevada’s pump gap stayed wide. Energy stocks split.
It’s another reminder that lower crude doesn’t always translate to lower prices at the pump. Refining, regional supply, logistics, taxes and timing all factor into what drivers and businesses ultimately pay.
What are you watching most closely right now—crude, diesel, or prices at the pump?
