Diesel sees highest price, biggest increase in history of DOE/EIA benchmark
The commodity price of diesel went on a wild ride, up by a huge amount late Sunday before falling back.
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 commodity price of diesel went on a wild ride, up by a huge amount late Sunday before falling back.
The cost of the fuel consumed by the world’s commercial ships has skyrocketed — and it’s still rising.
A major U.S. retailer publishes its numbers, and on average they’re up more than 35 cents in two days.
Brian Thompson shares how SMC3 gets employees ready to take on the market.
ULSD rises slightly, semiconductor shortage could get worse and more 3PLs suspend shipments to and from Russia.
Carriers must pay fuel taxes to states they travel through, but the process can be complicated and time-consuming due to the various jurisdictions. Even a simple filing mistake can trigger an IFTA audit and bring unwanted scrutiny upon the carrier.
A FreightWaves roundup of oil markets and other supply chain news related to the Russian invasion of Ukraine.
It’s a race: Will rates and surcharges keep up with rapidly rising price of diesel?
The benchmark diesel price is at its highest level in almost nine years to the day.
FreightWaves is covering the logistics-related fallout from Russia’s invasion of Ukraine from the air to the ground to the sea.
With fuel levies generously padding the carriers’ top lines, shippers shouldn’t expect relief anytime soon.
There’s a lot of bad information out there about the state of the oil market.
There are no reports of petroleum export disruptions out of Russian ports.
The seven-week run of increases has taken the benchmark up more than 44 cents.
“Partnering with Bunker Holding will accelerate the marine industry adoption of biodiesel to achieve aggressive carbon reduction goals,” said Bob Kenyon, senior vice president of sales and marketing at REG.
WoodMac’s Shattuck: The U.S. oil and gas industry is embracing a low-carbon future and looking for a way to get to net zero.
Also on the podcast: The torrid pace of diesel consumption.
Green ammonia production emits no carbon dioxide, but it has major safety, cost and scaling hurdles to overcome.
Analysts are arguing whether the price boost coming out of the Ukraine-Russia tensions are the main driver in the market
Engine manufacturer Cummins eyes pledge to lower CO2 emissions by reworking its engine families to run on natural gas, hydrogen or diesel.