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 energy sources that will power trucks that carry freight in the future was the focus of a discussion at CERAWeek. (Photo: Jim Allen/FreightWaves).
Oil analysts at CERAWeek see a market that isn’t what they predicted a year ago but is relatively stable, all things considered.
The benchmark diesel price used for most fuel surcharges rose 2.4 cents, though diesel futures are climbing rapidly.
Venture Global LNG is building a large fleet of liquefied natural gas-powered vessels, amid numerous legal fights.
The closely watched International Energy Agency analysis of oil supply and demand is seeing consumption growing in part because of shipping diversions.
The benchmark diesel price used for most fuel surcharges fell slightly for the third straight week.
Cummins Inc.’s environmental citizenship record didn’t shield it from the U.S. attorney general’s criticism when it agreed to pay a record fine.
The benchmark price used for most diesel fuel surcharges was down for a second consecutive week.
Natural gas, battery and fuel cell electric vehicles all vie to displace diesel. Which will win? Maybe all of them.
The weekly diesel price that serves as the basis for most fuel surcharges fell in its latest posting.
The benchmark price used for most diesel surcharges was unchanged.
The DOE/EIA benchmark price used for most fuel surcharges is above $4 for the first time since December.
The benchmark price used for most fuel surcharges has risen two straight weeks for the first time since September.
The benchmark price used for most diesel fuel surcharges rose for the third time in six weeks.
The benchmark price of diesel used for most fuel surcharges was down again, its 14th drop in 18 weeks.
The benchmark diesel price used for most fuel surcharges rose for only the fourth time in the past 17 weeks.
The benchmark used for most diesel surcharges was down for the 13th time in 16 weeks.
Cummins Inc. will spend $580 million to upgrade a North Carolina plant to make fuel-agnostic small engines.
After a year in which crude and diesel prices fell, new refineries and the supply and demand balance appear to be bearish in ’24.
After an increase last week, the benchmark diesel price used for most fuel surcharges declined in its first posting of 2024.
