Oil fell below $87 a barrel Thursday, capping its biggest monthly decline in more than three years following a Department of Energy report that showed crude supplies rose to a 22-year high, Bloomberg reported.
May 31, 2012Search
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Diesel Down 5.9¢ to $3.897; Fall in Crude Sparks Largest Drop in 5 Months
The national average price for a gallon of retail diesel fell 5.9 cents to $3.897 last week, the seventh straight decline and the largest one-week drop in five months, the Department of Energy reported.
June 4, 2012
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Oil Rises for Third Day; Holds Near 7-Month Low
Oil prices rose for a third day in early trading Monday on forecasts of higher U.S. economic growth, but held near a seven-month low under $92 a barrel, Bloomberg reported.
May 29, 2012Diesel Falls 5.9¢ to $3.897; Gasoline Drops Again
Diesel’s pump price continued its recent slide, falling 5.9 cents to $3.897 a gallon, its seventh straight decline and the lowest price since early February, the Department of Energy said.
May 30, 2012Diesel Average Declines 4.8¢ to $3.956; First Time Below $4 Since February
The national average price for a gallon of retail diesel dipped below $4 last week for the first time since Feb. 20, after pump prices countrywide declined 4.8 cents, according to the Department of Energy.
May 28, 2012Volvo Trucks to Introduce LNG Engine for Its Over-the-Road Vehicles in 2014
MIAMI BEACH — Volvo Trucks said it intends to introduce a liquefied natural gas engine for its heavy-duty over-the-road vehicles in 2014, which company officials hailed as the next step in the industry’s quickly evolving move toward natural gas as a primary fuel.
May 28, 2012Trucking Companies Profit From Selling Used Oil, Turning Problem Waste Into a Revenue Stream
Not long ago, getting rid of used oil was a problem for fleets. These days, for some fleets used oil is now a profit center.
May 28, 2012Oil Declines to Seven-Month Low
Oil prices declined to a seven-month low in early trading Wednesday after Iran agreed to allow access for United Nations nuclear inspectors, Bloomberg reported.
May 23, 2012Gasoline Falls 6¢ to $3.78, Lundberg Survey Reports
Gasoline’s national average pump price fell 6 cents in the past two weeks to $3.78 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 21, 2012Oil Rises From Seven-Month Low
Oil prices rose from a seven-month low in early trading Monday but held under $92 a barrel, after declining for six straight trading days, Bloomberg reported.
May 21, 2012