Diesel Drops 5.2¢ to $5.35/Gallon, Third Week Down, Futures Turn Up
DOE benchmark fell 29.2 cents over three weeks, but futures and AAA prices signal the decline may be over.
#Fuel Costs
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US Cooking-Oil Imports From China Accelerate as Diesel Hits $101
Iran war and new biofuel mandates push American refiners toward Chinese feedstock: what the shift means for diesel supply and fuel costs at the pump.
Covenant Q1 Earnings Miss by 4¢, March Rebound Flags Rate Gains
Chattanooga truckload carrier posted 26¢ per share against 30¢ forecast as winter weather and fuel costs hit margins, but CEO cites improving freight volumes…
Brent Crude Jumps 2.3% to $101.38 as Iran Talks Stall
July Brent crude rose to $101.38 per barrel Monday: a 2.3% gain tied to stalled Iran negotiations. What the move means for diesel and settlement statements.
Norfolk Southern Q1 Earnings Drop 2% as February Weather Cuts Rail Volume
Winter storms knocked intermodal traffic down 4% in February; coal up 9% but fuel costs and CSX-BNSF alliance bite into margin.
Military Fuel Shipments Cross Pacific as Iran War Closes Hormuz Routes
U.S. military-grade fuel cargoes sailing east signal supply-chain pivot away from Middle East: diesel and jet-fuel availability for commercial fleets still…
Diesel Drops 21 Cents, Then Crude Hits $100, What Happens Next
National average fell to $5.40/gallon this week, but Brent crude spiked over $100/barrel as Iran ceasefire uncertainty keeps the Strait of Hormuz in play.