12-month story: Crude oil prices move slightly lower, but diesel falls further
The benchmark price used for most diesel fuel surcharges was down for a second consecutive week.
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 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.
The benchmark diesel price used for most fuel surcharges rose Tuesday, the first increase since the end of October.
In the closing edition of Drilling Deep for 2023, P. Sean Garney of Scopelitis looks at the regulatory landscape for the new year.
The benchmark diesel price used for most fuel surcharges was down Monday, but its long decline is threatened by Red Sea strife.
On this week’s Drilling Deep, we talk truck parking and weakening oil demand. (Photo: Jim Allen/FreightWaves)
UPS’ ground delivery surcharge increase comes amid a continued decline in diesel pump prices.
Cummins’ aggressive scaling of electrolyzers will need other players to meet expected midcentury hydrogen demand.
The basis for most fuel surcharges declined for the eighth time in 10 weeks.