Oil fell more than $2 Wednesday to a two-week low under $109 a barrel following a report that showed crude supplies reached a six-month high last week, Bloomberg reported.
May 4, 2011Search
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Some Fleets Sidestep Fuel Price Escalation by Using Liquefied, Compressed Natural Gas
Bill Malone must have been one of the few people in trucking who could chuckle at the price of diesel one day this spring. It was well over $4 a gallon, but Malone was untroubled because the 18 tractors in the fleet he oversees are fueled with liquefied natural gas.
May 9, 2011Retail Diesel Fuel Average Price Rises 2.6¢ to $4.124 per Gallon
The average retail price of U.S. diesel resumed its upward march last week, climbing 2.6 cents per gallon to $4.124 and sparking renewed attention to fuel surcharge collections.
May 9, 2011Oil Plunges Almost $17 for Week
Oil took its biggest weekly plunge in more than two years this week, falling almost $17 to near $97 a barrel, Bloomberg reported.
May 6, 2011Oil Tumbles to Below $100 a Barrel
Crude oil tumbled almost $10 to below $100 a barrel Thursday as commodities dropped the most in two years on concern that economic growth will slow, Bloomberg reported.
May 5, 2011Oil Drops After U.S. Says Bin Laden Killed
Oil prices dropped by the most in almost seven weeks on speculation that the killing of Osama bin Laden may ease the risk of Middle East supply disruptions, Bloomberg reported Monday.
May 2, 2011Diesel Resumes Rise, Gaining 2.6¢ to $4.124 a Gallon
Diesel resumed its rise after a one-week respite, gaining 2.6 cents to $4.124Â a gallon, the highest price since August 2008, while gasoline jumped 8.4 cents to $3.963, the Department of Energy said.
May 3, 2011Diesel Average Dips 0.7¢ as Crude Oil Price Stalls
The average retail price of U.S. diesel declined for only the second time in about four months last week, slipping 0.7 cent to $4.098 a gallon on the coattails of relatively stable crude oil prices, the Department of Energy said.
May 2, 2011Exxon, Shell Post Huge 1Q Profits on High Oil Prices
The world’s two largest oil companies Thursday reported multi-billion-dollar first-quarter profits, up from a year ago, on higher crude oil prices.
April 28, 2011Diesel Dips 0.7¢ to $4.098 a Gallon; Gasoline Gains 3.5¢ to $3.879
Diesel’s national average dipped less than a penny Monday, falling 0.7 cent to $4.098 a gallon, just the second downturn since Thanksgiving, the Department of Energy said Monday.
April 25, 2011