Benchmark diesel price up slightly as market sends mixed signals
The benchmark diesel price used for most fuel surcharges rose a small amount after two weeks of bigger jumps.
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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.
The benchmark DOE/EIA diesel price, used as the basis for most fuel surcharges, has now fallen 10 of the past 11 weeks.
Werner Enterprises is sure enough of the Cummins hydrogen-powered X15H internal combustion engine engine that it ordered 500 of them.
The benchmark number used for most diesel surcharges declined slightly but lags bigger drops in futures and wholesale prices.
How did fuel costs decline over almost 10 years at a rate far greater than the decline of retail diesel prices?
If the U.S. curbed gasoline and diesel exports, tankers would sail longer distances to replace lost volumes — a plus for tanker earnings.