Oil rose by the most in two weeks Friday, gaining $1.31 to finish the week at $76.49 a barrel, Bloomberg reported.
September 24, 2010BusinessFuel
Oil Price Slips as Inventories Improve
Oil prices fell Wednesday following a Department of Energy report that showed supplies of crude, gasoline and diesel all rose last week in contrast to economists’ forecasts, Bloomberg reported.
September 22, 2010GovernmentBusinessFuel
Biodiesel Producers Hoping for Tax Credit Resurrection
The biodiesel industry suffered a setback when supporters in the U.S. Senate failed to attach an amendment to the recently-adopted Small Business Jobs Act that would have restored the industry’s tax credit.
September 21, 2010BusinessFuel
Diesel Rises for Second Week, Gaining 1.7¢ to $2.96 a Gallon
Diesel’s national average retail price rose for a second straight week, climbing 1.7 cents to $2.96 a gallon, the Department of Energy said Monday.
September 21, 2010BusinessFuel
Citgo Opens ULSD Facility at Illinois Refinery
Citgo Petroleum Corp. has built a facility to produce ultra-low sulfur diesel at its existing Lemont, Ill., refinery.
September 20, 2010BusinessFuel
EGR, Computer Are Main Sources of Problems with 2008 Engines, J.D. Power Survey Finds
The main problems owners of 2008 heavy-duty engines have encountered involve the exhaust gas recirculation system and the engine computer, J.D. Power and Associates said in a report.
September 20, 2010BusinessFuel
Oil Falls to Two-Week Low, Under $74 a Barrel
Oil was trading below $74 a barrel early Monday, near its lowest level in two weeks, on concerns that a slowing economy could hurt demand, Bloomberg reported.
September 20, 2010BusinessFuel
Diesel Rises 1.2¢ to $2.943 a Gallon
The average cost of a gallon of diesel fuel in the United States rose 1.2 cents last week to $2.943 a gallon, the first increase in five weeks, the Department of Energy reported.
September 20, 2010BusinessFuel
Oil Falls to Near $76 a Barrel
Oil fell almost $1 to near $76 a barrel Wednesday, its biggest decline in two weeks, even as the Department of Energy reported that supplies declined last week.
September 15, 2010BusinessFuel
Diesel Rises 1.2¢ to $2.943; Gas Jumps 3.9¢ to $2.721
Diesel’s national average price rose 1.2 cents to $2.943 a gallon, its first increase in five weeks, while gasoline jumped almost 4 cents, the Department of Energy said Monday.
September 14, 2010