OPEC+ deal failure sends oil prices higher, defies historical reactions
An expected increase in output has been put on hold over failure to reach consensus on a dispute involving the UAE.
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.
An expected increase in output has been put on hold over failure to reach consensus on a dispute involving the UAE.
The president won’t consider raising fuel taxes to pay for highway and road spending, effectively killing the 65-year-old program, Mullett claims.
Commodity petroleum markets Monday trended lower on Delta variant fears and possible OPEC+ action
Hapag-Lloyd now will add 12 23,500-TEU container ships to its fleet beginning in 2023.
Also on the podcast, host John Kingston talks about one of the final “return to normal” numbers being achieved in oil markets.
Rising fuel costs are yet another woe for containerized cargo shippers, while widening spreads should benefit ships with scrubbers.
KeepTruckin has unveiled Fuel Hub, a telematics-based machine learning tool that can help identify drivers and vehicles that may be using more fuel than needed.
The price gap between wholesale and retail levels at lowest level of 2021.
The benchmark number for fuel surcharges isback to levels not seen since ’18.
Wood is a problem and plastic is expensive; it’s just one more pressure point to worry about in the supply chain.
The District Court of The Hague in the Netherlands on Wednesday ordered Royal Dutch Shell (NYSE: RDS.A) to reduce its carbon dioxide emissions by a net 45% compared to 2019 levels by the end of 2030. Friends of the Earth Netherlands (Milieudefensie), six other organizations and more than 17,000 co-plaintiffs, who issued a document to […]
After an 85% revenue jump, the South Korean carrier turns its attention to meeting its carbon neutrality target.
Bearish factopr: China demand may be slowing. Bullish factor: Still lots of growth the rest of the year, according to Platts.
Also on the podcast: Why a weaker dollar isn’t great news for diesel buyers.
The Energy Observer is on a seven-year cruise to publicize the role alternative energy could play in the shipping industry.
Big gains in prices in the Southeast on the back of Colonial woes helped propel the benchmark number higher.
Also on the podcast, KeyBank’s Fowler talks about what blowout Q1 earnings said about the state of trucking.
The move by Phillips 66 will see the company take a stake in a soybean processing supply chain to ensure it gets enough feedstock for its ambitious renewable diesel strategy.
The optimistic news about a return to normal helped push down commodity diesel and gasoline prices.
The return of the pipeline was being announced just as supplies of diesel were starting to become an issue.