After dropping for 8 weeks, benchmark diesel price turns higher
The benchmark diesel price used for most fuel surcharges rose Tuesday, the first increase since the end of October.
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 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.
UPS’ levies drop to 15% from 15.25%.
The benchmark price used for most fuel surcharges dropped for the ninth time in 11 weeks.
Effective Monday, UPS’ surcharge levels for domestic ground parcel and SurePost services will rise by 50 basis points.
The DOE/EIA diesel price declined for the eighth time in the past 10 weeks.
The price used for most fuel surcharges dropped again, with prices now down more than $1 compared to last Thanksgiving.
The benchmark diesel price for most fuel surcharges was down, though other numbers are suddenly pointing higher.
In a keynote address to the F3 conference, Alex Epstein laid out the case for continued fossil fuel use.
The state of Georgia has suspended diesel and gasoline taxes for the third time since early summer.
The benchmark diesel price used for most fuel surcharges has declined for the fourth time in five weeks.
Oil prices, including the benchmark used for most fuel surcharges, are below or close to Oct. 7 levels.
Natural gas has long been a bit player in a diesel-driven engine world. That may change with Cummins’ beefier 15-liter offering.
Decline in this week’s benchmark is catching up from an earlier slide at CME.The retail diesel benchmark used for most fuel surcharges fell although futures and wholesale prices continue to trend higher.
As the diesel futures price starts to rise due to the Israeli conflict, the benchmark for most fuel surcharges has moved down.