Diesel took its biggest increase since February, rising 6.8 cents to a five-month high $3.981 a gallon, the Department of Energy reported.
September 4, 2013BusinessFuelGovernment
U.S. Trade Deficit Widens in July
The U.S. trade deficit increased 13.3% in July from an almost four-year low, the Commerce Department reported.
September 4, 2013BusinessFuel
Oil Closes Over $108 a Barrel
Oil finished trading at $108.54 a barrel Sept. 3, rising 89 cents as President Obama seeks support for a military strike on Syria, Bloomberg News reported.
September 3, 2013BusinessFuel
Diesel Price Gains 1.3¢ to $3.913; Crude Surges on Syria Concerns
Retail diesel prices gained 1.3 cents last week to $3.913 a gallon, the Department of Energy reported, while crude oil rose to its highest level in more than two years on concerns about potential Western military action against Syria.
September 2, 2013BusinessFuel
PeopleNet Offers Reporting for Natural Gas Engine Data
PeopleNet Communications Corp. said it now offers engine reporting for trucks powered by compressed and liquefied natural gas.
August 30, 2013BusinessFuel
Oil Pushes Past $112 on Mideast Concerns
Oil climbed more than $3 early Wednesday to more than $112 a barrel — the highest intraday price in more than two years — on concerns that Middle East tensions could disrupt supplies, Bloomberg News reported.
August 28, 2013BusinessFuel
Diesel Rises for Second Week, Up 1.3¢ to $3.913; Gas Gains for First Time in Five Weeks
Diesel rose for a second straight week, gaining 1.3 cents to $3.913 a gallon, while gasoline increased for the first time in five weeks, the Department of Energy reported.
August 27, 2013BusinessFuel
Diesel Average Inches Higher; Gasoline Declines for 4th Week
U.S. retail diesel prices changed direction last week, gaining 0.4 cent a gallon to reach a national average of $3.90 after declining 1.9 cents over the previous two weeks, the Department of Energy reported.
August 26, 2013BusinessFuel
Diesel Rises 0.4¢ to $3.90 a Gallon, Gasoline Declines 1.1¢ to $3.550
Diesel rose modestly after two straight declines, rising 0.4 cent to $3.90 a gallon, while gasoline dropped 1.1 cents, the Department of Energy reported.
August 20, 2013BusinessFuel
Oil Drops as Storm Concerns Fade
The price of oil dropped after the National Hurricane Center in Miami said there was no tropical cyclone activity in the Atlantic basin, Bloomberg News reported.
August 19, 2013