Oil rose to more than $98 a barrel in early trading Wednesday, a day after closing over $97 for just the second time in the past four months, Bloomberg reported.
September 12, 2012BusinessFuel
Diesel Rises a Half-Cent to $4.132
Diesel rose 0.5 cent to $4.132 a gallon, its 10th straight increase, while gasoline also continued to rise, the Department of Energy reported in its weekly survey.
September 11, 2012BusinessFuel
Survey Finds Growing Interest Among Carriers for NG Tractors
A new survey found 51.4% of carriers are considering natural gas-fueled trucks when buying new vehicles, according to Transport Capital Partners and ACT Research.
September 10, 2012BusinessFuel
Diesel Increases 3.8¢ to $4.127, for Ninth Consecutive Gain
Retail average diesel fuel prices rose 3.8 cents last week to $4.127 a gallon — the ninth straight increase — the Department of Energy reported, as the oil industry in the Gulf Coast dealt with the aftermath of Hurricane Isaac.
September 10, 2012BusinessFuel
DEF Price Rose 7¢ in August
The average U.S. pump price of diesel exhaust fluid rose 7 cents to $2.77 a gallon in August from July, Integer Research reported.
September 7, 2012BusinessFuel
Diesel Rises 3.8¢ to $4.127 a Gallon; Pump Price Is Highest Since April
Diesel rose almost 3.8 cents to $4.127 a gallon, its ninth straight increase and the highest price in almost five months, while gasoline also continued to rise, the Department of Energy reported in its weekly survey.
September 5, 2012BusinessFuel
Oil Tops $97 a Barrel Following Holiday
Oil rose to more than $97 a barrel, its highest intraday price in a week, following the Labor Day holiday, as investors speculated that European central banks will do more to stimulate economies, Bloomberg reported.
September 4, 2012BusinessFuel
Diesel Price Rises 6.3¢ to $4.089; Storm Spares Oil Facilities in Gulf
The average cost of a gallon of retail diesel fuel in the United States rose 6.3 cents to $4.089 last week, the Department of Energy reported, but truckers received some positive news as Hurricane Isaac appeared to have spared oil and fuel facilities in the Gulf.
September 3, 2012BusinessFuel
Maersk’s Bid to Run Va. Port Challenged As Two Unidentified Firms Show Interest
Two more companies have exÂpressed interest in taking over operations at the Port of Virginia, creating alternatives to an earlier offer from Maersk, which operates the largest container shipping fleet.
August 30, 2012BusinessFuel
Oil Falls as Isaac Slams New Orleans
Oil prices fell to below $96 a barrel Wednesday as analysts saw limited production disruptions even as Hurricane Isaac made landfall into New Orleans overnight, Bloomberg reported.
August 29, 2012