Benchmark diesel price down, futures up; some physical markets stronger
The benchmark diesel price for most fuel surcharges was down, though other numbers are suddenly pointing higher.
Fuel prices and developments affect the entire supply chain, and can place a lot of pressure on carriers. Check back here for news and information related to fuel prices and the gas sector, plus insights and analysis on trends and issues impacting the industry.
The benchmark diesel price for most fuel surcharges was down, though other numbers are suddenly pointing higher.
In a keynote address to the F3 conference, Alex Epstein laid out the case for continued fossil fuel use.
The state of Georgia has suspended diesel and gasoline taxes for the third time since early summer.
The benchmark diesel price used for most fuel surcharges has declined for the fourth time in five weeks.
Oil prices, including the benchmark used for most fuel surcharges, are below or close to Oct. 7 levels.
Natural gas has long been a bit player in a diesel-driven engine world. That may change with Cummins’ beefier 15-liter offering.
Decline in this week’s benchmark is catching up from an earlier slide at CME.The retail diesel benchmark used for most fuel surcharges fell although futures and wholesale prices continue to trend higher.
As the diesel futures price starts to rise due to the Israeli conflict, the benchmark for most fuel surcharges has moved down.
Truckers save 35 cents a gallon on fill-ups with Georgia’s fuel tax suspension.
The benchmark price for most fuel surcharges moved by only a small amount, but futures markets are going through some big swings.
The benchmark diesel price used for most fuel surcharges declined for the first time since early summer.
The key diesel benchmark retail price rose for the week, but diesel futures prices have suddenly posted a big two-day reversal.
Truckers in Georgia will save 35 cents a gallon on fill-ups at least through Oct. 12.
The International Energy Agency’s closely watched monthly report didn’t have much good news in it for oil consumers.
The national average retail price used for most fuel surcharges climbed 4.8 cents a gallon this week, but it’s moving a lot higher on the West Coast.
Fuel costs were overshadowed by skyrocketing freight rates amid the supply chain crisis. Now, fuel costs are much more important.
A run of news developments in the diesel world can’t be seen as anything but discouraging for diesel consumers.
The DOE/EIA benchmark price used for most diesel fuel surcharges tacked on another 8.6 cents a gallon this week.
The benchmark price used for most fuel surcharges recorded only a small move after four big ones.
The benchmark diesel price that is the basis for most fuel surcharges is up more than 36 cents a gallon in six weeks.