EIA diesel benchmark rises as other market factors point divergently
The key benchmark price used for diesel surcharges increased as the market absorbs divergent sets of data.
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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.
Hurricane Ian came ashore in Fort Myers, Florida, just before noon Wednesday. Transportation is starting to feel the impact, with road and port closures in effect.
Clean Energy opened a renewable natural gas station in Groveport, Ohio, as part of an agreement with Amazon.
Two key diesel prices came in Monday at levels that hadn’t been seen since March.
Retailers are coming together to send demand signals for zero-carbon shipping fuels.
Infinium will provide Amazon with enough electrofuels to power its fleet approximately 5 million miles a year.
The weekly EIA/DOE diesel number was down 6.9 cents a gallon for the week and is again below $5.
Diesel futures prices in recent days have plummeted almost 40 cents in just a few trading days, declining far faster than crude.