The U.S. average retail price of diesel rose 1.6 cents to $2.507 as crude climbed later in the week of July 24 to its highest price in nearly two months and Saudi Arabia announced it would make additional cuts in oil production, experts said.
July 27, 2017crude oil
Government, Business, Fuel
Daniel Acker/Bloomberg News
Diesel Rises 1.6¢ to $2.507 as Oil Prices Reach Two-Month High
Daniel Acker/Bloomberg News
Business, Fuel
Robert Seale/Bloomberg News
Oil Climbs From Seven-Week High on Signs US Stockpiles Plunged
Robert Seale/Bloomberg News
Oil extended gains from the highest close in seven weeks as industry data showed U.S. crude stockpiles plunged, easing a glut.
July 26, 2017
Government, Fuel
Flickr
Diesel Rises 1.6¢ to $2.507; Crude Inches Up to $47
Flickr
The U.S. average retail price of diesel rose 1.6 cents to $2.507 as crude prices inched up toward $47 a barrel after Saudi Arabia said it would make additional cuts in its own production.
July 24, 2017
Business, Fuel
Jim Gehrz/Minneapolis Star
Oil Steadies Amid Mixed Signals on US Crude Inventories
Jim Gehrz/Minneapolis Star
Oil was steady amid mixed signals on U.S. crude inventories, with industry data showing supplies increased last week while government statistics were expected to show a decline.
July 19, 2017
Government, Fuel
Mériol Lehmann/Flickr
Diesel Rises 1¢ to $2.491; U.S. Shale Produces 5.58 Million Barrels a Day
Mériol Lehmann/Flickr
The U.S. average diesel price has risen a cent to $2.491, the Department of Energy said July 17. The fuel has increased 2.6 cents over three weeks.
July 17, 2017
Government, Fuel
Al Seib/Los Angeles Times
US Cuts 2018 Crude Production Forecast Amid Lower Prices
Al Seib/Los Angeles Times
U.S. crude producers are still set to pump record amounts of the commodity next year, but less so than previously projected, according to the latest government estimates.
July 11, 2017
Business, Fuel
Jim Gehrz/Minneapolis Star Tribune/MCT
Oil Posts Weekly Decline as US Drillers Resume Expansion
Jim Gehrz/Minneapolis Star Tribune/MCT
Oil prices declined for the week of July 3, as expanded U.S. drilling activity and added production offset a larger-than-expected drop in stockpiles.
July 7, 2017
Business, Fuel
Daniel Acker/Bloomberg News
Trains, Trucks and Two Tankers Involved in Perhaps Most Logistically Complex US Oil Trade Yet
Daniel Acker/Bloomberg News
Mercuria Energy Group has engineered perhaps the most logistically complex trade yet to export U.S. oil since a four-decade ban on sales was lifted.
August 25, 2016
Business, Fuel
Eddie Seal/Bloomberg News
Oil Extends Decline After Unexpected US Crude Stockpile Gain
Eddie Seal/Bloomberg News
Oil extended its decline after a government report showed that U.S. crude stockpiles unexpectedly rose last week.
August 24, 2016
Business, Fuel
Jamie Schwaberow/Bloomberg News
Oil Drops to Two-Month Low Amid Ample US Supply, Rising Dollar
Jamie Schwaberow/Bloomberg News
Oil dropped to the lowest close in more than two months as the United States heads to the end of the summer-driving season with ample inventories.
July 22, 2016Pages
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