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.
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.
The monthly International Energy Agency forecast clearly laid out the supply and demand issues that are driving oil prices higher.
The benchmark diesel price used for most fuel surcharges is up more than 11 cents a gallon this week.
The one-week increase in the benchmark diesel price used for most fuel surcharges is one of the biggest ever.
The benchmark price of diesel used for most fuel surcharges went sharply higher this week, and it could signal the start of a broad increase.
Spreads between high- and low-sulfur fuels are down to pandemic levels and LNG has become much more economical.
The retail diesel price that serves as the basis for most fuel surcharges had no change from the prior week for the first time since April 2021.
A report from a key oil agency could be read as either bullish or bearish for the market.
The benchmark diesel price used for most fuel surcharges rose for just the third time in 23 weeks.
The benchmark diesel price used for most fuel surcharges declined Monday for the 20th time in 22 weeks.
The benchmark diesel price used for most fuel surcharges declined Monday for the 19th time in 21 weeks.
The benchmark diesel price used for most fuel surcharges moved higher this week after eight straight drops.
The benchmark diesel price used for most fuel surcharges has declined for the 18th time in 19 weeks.
The benchmark price used for most fuel surcharges took yet another downward move Monday as markets now are faced with a surprise cut in Saudi output.
Despite a slow Memorial Day start, summer demand is expected to hike tanker rates in the months ahead.
The benchmark price used for most diesel surcharges declined for the sixth straight week.
