Fuel prices and developments affect the entire supply chain, and can place a lot of pressure on carriers. Check back here for news and information related to fuel prices and the gas sector, plus insights and analysis on trends and issues impacting the industry.
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The benchmark price of diesel used for most fuel surcharges went sharply higher this week, and it could signal the start of a broad increase.
Spreads between high- and low-sulfur fuels are down to pandemic levels and LNG has become much more economical.
The retail diesel price that serves as the basis for most fuel surcharges had no change from the prior week for the first time since April 2021.
A report from a key oil agency could be read as either bullish or bearish for the market.
The benchmark diesel price used for most fuel surcharges rose for just the third time in 23 weeks.
The benchmark diesel price used for most fuel surcharges declined Monday for the 20th time in 22 weeks.
The benchmark diesel price used for most fuel surcharges declined Monday for the 19th time in 21 weeks.
The benchmark diesel price used for most fuel surcharges moved higher this week after eight straight drops.
The benchmark diesel price used for most fuel surcharges has declined for the 18th time in 19 weeks.
The benchmark price used for most fuel surcharges took yet another downward move Monday as markets now are faced with a surprise cut in Saudi output.
Despite a slow Memorial Day start, summer demand is expected to hike tanker rates in the months ahead.
The benchmark price used for most diesel surcharges declined for the sixth straight week.
The benchmark price used for setting most diesel fuel surcharges is down for the 16th time in 17 weeks.
The diesel benchmark price for most fuel surcharges declined for the 14th time in 15 weeks Monday, but signs suggest further declines may not materialize.
TravelCenters of America shareholders voted overwhelmingly in favor of the proposed sale to BP.
The benchmark diesel price used for most fuel surcharges is now less than $4 a gallon for the first time since early 2022.
The weekly DOE/EIA diesel price benchmark is almost at the sub-$4 mark, where it has not been since February 2022.
The benchmark diesel price used for most fuel surcharges declined Monday, continuing a trend that goes back six months.
The benchmark used for most diesel surcharges rose for the first time in 10 weeks, but the market is not otherwise looking strong.
The price benchmark used for most fuel surcharges has fallen to a level less than where it was when Russia invaded Ukraine.
The DOE/EIA benchmark diesel price declined for a ninth consecutive week, but developments in the oil market point higher.
Surging costs after Russia’s invasion of Ukraine could be a taste of things to come as shipping transitions to more expensive “green” fuels.
toB wants to capture more of the fleet card market by focusing on trucking fleets, owner-operators, last-mile operators and auto rental companies.
The benchmark price used for most diesel surcharges moved down for the eighth consecutive week.
Convenience store chain Arko has been identified as the previously unknown bidder for TravelCenters of America.
The DOE/EIA benchmark diesel price used for most fuel surcharges has dropped seven weeks in a row and 16 out of the past 19.
Hyzon has some clouds on the near horizon, but at CERAWeek, its CEO detailed the growth the company hopes to achieve.
The benchmark diesel price used for most fuel surcharges declined for the sixth consecutive week.
At a leading energy industry conference in Houston on Monday, hydrogen was the star of the show.
The benchmark diesel price used for most fuel surcharges has declined for five consecutive weeks.
The benchmark diesel price used for most fuel surcharges was down for the fourth week in a row.
The leading hydrogen expert at S&P Global Commodity Insights reviews the state of the hydrogen supply chain and where it might be headed.
One area of the supply chain that held together without much disruption during the pandemic was fuel. Gary Bevers talks about how that happened.
David Fialkov, a key government affairs representative for two retailer outlets, sees a mixed bag of government regulations and their impact on diesel supply.
Benchmark price for most fuel surcharges fell again, but diesel futures turned higher on news regarding Russian sanctions by the European Union.
This week, FreightWaves will host Global Supply Chain Week, a three-day virtual experience featuring dozens of leaders in global trade.
Retail diesel prices are coming down, but their spread against futures and wholesale rates remains wide in comparison to past levels.
The benchmark DOE/EIA diesel price dropped Monday, as the market swings into a new era of restrictions on Russian diesel exports to the European Union.
The benchmark diesel price used for most fuel surcharges increased this week, but trends are pointing lower.
“Brent Blend” sounds like something Loretta Lynn’s forebears might have distilled in West Virginia.
The benchmark diesel price for most fuel surcharges continues to fall even as other key numbers are rising before a ban on some Russian imports.
Marine fuel rules have become a key factor in diesel prices, but a new set of regulations may actually push downward on the market.
Move will add 35.6 cents a gallon to truckers’ fuel tab.
The benchmark DOE/EIA diesel price used for most fuel surcharges moved higher Tuesday for the first time since early November.
The benchmark DOE/EIA diesel price dropped for the seventh consecutive week, falling by more than 80 cents during that time.
Diesel prices at the pump still have a ways to go to catch up with earlier declines in wholesale and futures prices.
The benchmark DOE/EIA average retail diesel price fell by the second-biggest one-week amount in the history of the data series.
The benchmark DOE/EIA diesel price fell by the biggest one-week amount since 2009.
The benchmark diesel price used to set most fuel surcharges has dropped four out of the past five weeks.
The benchmark diesel price used for most fuel surcharges is down 8 cents this week, with other indicators signaling further market weakness.
The benchmark price used for most diesel fuel surcharges ticked down a couple cents even as futures market are racing lower.
Two key sellers of diesel fuel see supplies being tight but in a market that can adjust to help ensure supply.
The key benchmark price used for diesel surcharges increased as the market absorbs divergent sets of data.
Diesel inventories are “running on fumes,” according to an industry expert Wednesday at FreightWaves’ Future of Freight Festival, but the week’s stock report was encouraging.
The DOE/EIA diesel price move came after days of wild fluctuations in the November contract price of ULSD.
The intersection of natural gas and diesel has likely never been more volatile than it is going into the coming winter.
East Coast diesel prices are soaring at a rate far higher than the rest of the country.
The benchmark diesel price used for most fuel surcharges rose a small amount after two weeks of bigger jumps.
The benchmark diesel prices used as the basis for most fuel surcharges has gained back more than half of an earlier big decline.
The benchmark DOE/EIA retail diesel price recorded the third biggest increase in the history of the series.
The U.S. Department of Energy changed its methodology for determining a benchmark diesel price back in June — and now discloses what that means.
Cummins Inc. adds Minnesota to a growing list of global sites where it is manufacturing electrolyzers for green hydrogen.
Diesel prices soared Wednesday at a rate far higher than crude as traders reacted to a report of tight inventories.
Hurricane Ian has not left any diesel fuel shortages in its wake and prices are steady. That’s not the case in California, where diesel is not as crazy as the gasoline market.
The benchmark diesel price dropped again but may face headwinds from rising futures prices.
Hurricane Ian came ashore in Fort Myers, Florida, just before noon Wednesday. Transportation is starting to feel the impact, with road and port closures in effect.
Clean Energy opened a renewable natural gas station in Groveport, Ohio, as part of an agreement with Amazon.
Two key diesel prices came in Monday at levels that hadn’t been seen since March.
Retailers are coming together to send demand signals for zero-carbon shipping fuels.
Infinium will provide Amazon with enough electrofuels to power its fleet approximately 5 million miles a year.
The weekly EIA/DOE diesel number was down 6.9 cents a gallon for the week and is again below $5.
Diesel futures prices in recent days have plummeted almost 40 cents in just a few trading days, declining far faster than crude.
The benchmark DOE/EIA diesel price, used as the basis for most fuel surcharges, has now fallen 10 of the past 11 weeks.
Werner Enterprises is sure enough of the Cummins hydrogen-powered X15H internal combustion engine engine that it ordered 500 of them.
The benchmark number used for most diesel surcharges declined slightly but lags bigger drops in futures and wholesale prices.
How did fuel costs decline over almost 10 years at a rate far greater than the decline of retail diesel prices?
If the U.S. curbed gasoline and diesel exports, tankers would sail longer distances to replace lost volumes — a plus for tanker earnings.
The Environmental Protection Agency released a report on the Diesel Emissions Reduction Act, including the emissions, health and economic impacts.
The benchmark DOE/EIA diesel price was up, but suddenly weaker natural gas has kept the futures price in check.
The podcast covers three topics: truck insurance, its impact from AB5 and what links prices for natural gas and diesel to the removal of sulfur from fuel.
FreightWaves asks experts how cooking oil goes from frying food to fueling vehicles and answers the question: Does it smell like french fries?
The benchmark price of diesel declined slightly, but diesel futures markets are soaring even as crude and gasoline lag.
The cost of marine fuels is down sharply from the wartime peak, except for ‘clean’ LNG, which is getting even more expensive.
The worst may be over for low water levels on the Rhine, but the impact on the supply chain will take time to fully ease.
The benchmark diesel price published by the Department of Energy has now dropped for eight straight weeks.
An annual ATRI survey reflects the weakening correlation between retail diesel prices and actual trucking fuel costs.
There’s a new report out that should concern diesel buyers.
The most recent IEA monthly oil report outlines some forecasts that should concern diesel users.
The weekly DOE/EIA diesel price has dropped below $5 per gallon for the first time since March.
Diesel has been sliding for weeks but it may be masking underlying tightness. Also on the podcast: Carrier Logistics on TMS.
Diesel prices are high because of low supply. Inventories are likely to stay low in the coming months — here’s why.
Fleetcor Technologies Inc. on Wednesday reported revenues of $861 million in its second-quarter earnings.
The basis for most fuel surcharges has shed more than 67 cents in just six weeks.
The benchmark diesel price used for fuel surcharges now has declined five weeks in a row.
Anahuac Transport Inc. pleaded guilty to potentially contaminating rocket fuel it transported to the Johnson Space Center.
The benchmark DOE/EIA diesel price has now declined for four weeks and the latest drop is the largest since 2014.
Tankers are very busy loading up with American crude oil and refined products sold to overseas buyers.
The benchmark DOE/EIA diesel price was released on time for the first time in four weeks, and registered a more than 10-cent decline.
Three weeks’ worth of benchmark diesel prices have been published by the EIA as it gets past technical issues.
The Jones Act is one of America’s most controversial laws. Reforming it could slash fuel prices, but there are caveats.
