The average price of diesel fuel in the United States declined 0.2 cent a gallon to $2.615, the 12th straight weekly decline, the Department of Energy reported Aug. 17.
August 17, 2015Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Oil's Worst-Ever Summer Signals Price Rout Nowhere Near Done
If crude’s slump back to a six-year low looks bad, it’s even worse when you reflect that summer is supposed to be peak season for oil.
August 14, 2015Diesel Price Drops 5.1¢ to $2.617
The slide in the U.S. diesel average price reached an 11th straight week, with the Department of Energy reporting another decline Aug. 10, this time by 5.1 cents a gallon to $2.617.
August 17, 2015Breakdown at Indiana Refinery Sends Midwest Gasoline Prices Soaring
For want of a refinery unit in Indiana, oil prices are tumbling in Oklahoma and Alberta while gasoline prices in the Midwest are soaring.
August 13, 2015Oil Tumbles to Six-Year Low on Rising Crude Output, Yuan's Devaluation
Oil sank to a six-year low Aug. 13 as rising crude output and signs that China’s economy is weakening increased concern that a global surplus will worsen.
August 13, 2015DOE Lowers 2015 Diesel-Price Forecast 13¢ to $2.73
The Department of Energy lowered its 2015 forecast for U.S. diesel prices 13 cents to $2.73 a gallon and its 2016 projection by 23 cents to $2.81.
August 12, 2015IEA Sees Oil Glut Through 2016 After Reaching 17-Year High
The global oil glut will last through 2016 as the strongest demand growth in five years and faltering supply fail to clear the surplus, according to the International Energy Agency.
August 12, 2015Oil Tumbles to Six-Year Low on OPEC Output, Yuan Move
Crude closed at the lowest level in more than six years in New York as OPEC production climbed while China’s devaluation of the yuan bolstered concern that the world’s second-biggest economy will slow.
August 11, 2015Fueled by Low Pump Prices, Motorists to Drive More in August, Survey Says
Roughly one in three U.S. motorists expect to drive more in August as low gasoline prices help fuel optimism for the broader economy, a new retail survey released on Aug. 11 shows.
August 11, 2015Oil Rises From Five-Month Low
Oil rose from the lowest level in almost five months in New York as Chinese crude imports climbed to a record in July.
August 10, 2015