Retail diesel keeps dropping, chasing earlier declines in futures, wholesale prices
Diesel prices at the pump still have a ways to go to catch up with earlier declines in wholesale and futures prices.
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.
Diesel prices at the pump still have a ways to go to catch up with earlier declines in wholesale and futures prices.
The benchmark DOE/EIA average retail diesel price fell by the second-biggest one-week amount in the history of the data series.
The benchmark DOE/EIA diesel price fell by the biggest one-week amount since 2009.
The benchmark diesel price used to set most fuel surcharges has dropped four out of the past five weeks.
The benchmark diesel price used for most fuel surcharges is down 8 cents this week, with other indicators signaling further market weakness.
The benchmark price used for most diesel fuel surcharges ticked down a couple cents even as futures market are racing lower.
Two key sellers of diesel fuel see supplies being tight but in a market that can adjust to help ensure supply.
The key benchmark price used for diesel surcharges increased as the market absorbs divergent sets of data.
Diesel inventories are “running on fumes,” according to an industry expert Wednesday at FreightWaves’ Future of Freight Festival, but the week’s stock report was encouraging.
The DOE/EIA diesel price move came after days of wild fluctuations in the November contract price of ULSD.
The intersection of natural gas and diesel has likely never been more volatile than it is going into the coming winter.
East Coast diesel prices are soaring at a rate far higher than the rest of the country.
The benchmark diesel price used for most fuel surcharges rose a small amount after two weeks of bigger jumps.
The benchmark diesel prices used as the basis for most fuel surcharges has gained back more than half of an earlier big decline.
The benchmark DOE/EIA retail diesel price recorded the third biggest increase in the history of the series.
The U.S. Department of Energy changed its methodology for determining a benchmark diesel price back in June — and now discloses what that means.
Cummins Inc. adds Minnesota to a growing list of global sites where it is manufacturing electrolyzers for green hydrogen.
Diesel prices soared Wednesday at a rate far higher than crude as traders reacted to a report of tight inventories.
Hurricane Ian has not left any diesel fuel shortages in its wake and prices are steady. That’s not the case in California, where diesel is not as crazy as the gasoline market.
The benchmark diesel price dropped again but may face headwinds from rising futures prices.