One-day commodity diesel price decline greatest in more than 30 years
The decline is far from the largest percentage-wise, but raises the question of what will be the retail reaction.
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 decline is far from the largest percentage-wise, but raises the question of what will be the retail reaction.
Also on the podcast: What the release of oil from the Strategic Petroleum Reserve means.
Several forecasts that look into 2022’s supply-and-demand balance see a market more favorable to oil consumers than that of 2021.
Price of low-sulfur fuel is rising faster than high-sulfur fuel. Ships with scrubbers stand to gain.
Also on the podcast: Is the tide turning in oil markets?
The nation’s key railroad lobbying group did not like the original House infrastructure bill but has praise for the final product.
Retail prices are rising even as commodity prices have turned downward.
Also on the podcast: Why banning oil exports would have no impact on prices.
The increase of 0.3 cents a gallon is the smallest in the eight-week run of higher levels.
Neste is supplying Cox Petroleum Transport with a fuel that can bring immediate emissions and cost savings: renewable diesel.
Also on the podcast: Time to tap strategic oil stocks?
The front-month price of ultra low sulfur diesel on the CME commodity exchange is at its lowest level in several weeks.
TA’s diesel sales figures are a strong indicator of demand for the fuel, and they suggest that the third quarter wasn’t that much stronger than the second.
Fuel levies on U.S. customers to rise 100 basis points for air and ground services, source says.
Also on the podcast: The growing tie between high natural gas prices and what you’re paying for diesel.
The latest rise is the smallest of the past four weeks but still a hefty 4-plus cents per gallon.
Also on the podcast: checking on the numbers in the red-hot diesel market.
Several large retailers are pledging that in less than 20 years, they will ship goods across the ocean without emitting greenhouse gases. Some environmental groups say that’s not soon enough.
The benchmark price for setting fuel surcharges is now at its highest level since November 2008.
This episode also dives into the tight inventories facing the diesel market.