Oil rebounded from a three-month low in early trading Wednesday, rising almost $2 to near $99 a barrel, Bloomberg reported.
May 18, 2011BusinessFuel
Diesel Fuel Price Drops 4.3¢ to $4.061 a Gallon
Diesel fell 4.3 cents to $4.061 a gallon, its third decline in four weeks and the biggest downturn in almost a year, the Department of Energy reported.
May 17, 2011BusinessFuel
Oil Falls Below $98 a Barrel
Oil fell almost $2Â in early trading Monday to below $98 a barrel on speculation that a cooling U.S. economy will lower fuel demand, Bloomberg reported.
May 16, 2011BusinessFuel
Diesel Fuel Average Price Dips 2¢ to $4.104 a Gallon After Commodity Prices ‘Crash’
The average price for a gallon of U.S. retail diesel declined last week for only the third time this year, dipping 2 cents to $4.104, the Department of Energy reported.
May 16, 2011BusinessFuelGovernment
U.S. Trade Deficit Jumps 6%
The U.S. trade deficit widened by 6% in March, the Commerce Department said Wednesday.
May 11, 2011BusinessFuel
DOE Lowers Diesel Fuel Price Outlook by 9¢, to $3.89 a Gallon
The Department of Energy lowered its projected diesel average for this year by 9 cents, to $3.89 a gallon, and by 14 cents next year, to $3.93.
May 10, 2011BusinessFuel
Diesel Drops 2¢ to $4.104 a Gallon; Gasoline Edges up 0.2¢ to $3.965
Diesel fell 2 cents to $4.104 a gallon, its second downturn in three weeks and biggest decline in almost nine months, the Department of Energy said Monday.
May 10, 2011BusinessFuel
Gasoline Hits $4 National Average, Lundberg Survey Says
Gasoline’s national average has reached $4 a gallon, about a dime below its all-time high, according to the latest Lundberg Survey of filling stations released Sunday.
May 9, 2011BusinessFuel
Some Fleets Sidestep Fuel Price Escalation by Using Liquefied, Compressed Natural Gas
Bill Malone must have been one of the few people in trucking who could chuckle at the price of diesel one day this spring. It was well over $4 a gallon, but Malone was untroubled because the 18 tractors in the fleet he oversees are fueled with liquefied natural gas.
May 9, 2011BusinessFuel
Retail Diesel Fuel Average Price Rises 2.6¢ to $4.124 per Gallon
The average retail price of U.S. diesel resumed its upward march last week, climbing 2.6 cents per gallon to $4.124 and sparking renewed attention to fuel surcharge collections.
May 9, 2011