Fuel News

A.P. Moller – Maersk expects to save about 1 million metric tons of CO2 emissions annually with eight dual fuel container vessels.

On the same day, the commodity price of ultra-low sulfur diesel took a huge upward move.

The downward pressure on oil markets can be summed up by the two D’s: delta and dollar.

Also on the podcast: Trimble’s Delaney looks at the TMS landscape today.

Commodity and wholesale prices are falling sharply, but retail numbers are not falling as fast.

The latest IEA report shows an oil supply/demand imbalance may be on its way to easing.

Whether it is difficulty restocking gasoline stations or the need to move agricultural products around due to drought, the waivers seek to boost trucking capacity.

Growing concerns about oil demand declining as a result of the Delta variant are pushing prices lower.

Also on the podcast: The investment drought in oil setting the table for higher prices

The increase in the benchmark comes even as commodity markets experience another Monday dip.

Diesel sales were up 21.2% from last year, but were less profitable on a per-gallon basis

Also on this week’s podcast: A shoutout to fuel surcharges.

High demand for jet fuel out West from firefighting crews and airlines is affecting commercial flights and cargo (forecast video included).

The 12-week run of increases added 31 cents to benchmark price from its starting point.

Also on the podcast: the current roller coaster in diesel prices.

Twelve consecutive weeks of increases in the basis for fuel surcharge is countered by a big decline in commodity markets.

Also on the podcast: A key agency reviews the outlook for the tight oil market.

Commodity oil markets swung wildly last week but ultimately trended down overall.

Also on the podcast: Why the latest OPEC meeting was so unique

The key benchmark price for trucking companies tracked the higher numbers in the wholesale market.