Diesel Drops 3.2¢ to $2.316
The U.S. average retail price of diesel fell 3.2 cents to $2.316, according to the Department of Energy, while oil prices climbed out of last week’s bear market.
August 8, 2016Daily Briefings from Transport Topics
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OPEC Plans Informal in September, Sees Oil Dip as Temporary
The Organization of Petroleum Exporting Countries will hold informal talks at a conference in Algiers, Algeria, next month and considers the recent decline in oil prices temporary, the group’s president said Aug. 8.
August 8, 2016Diesel Drops 3.1¢ to $2.348; Oil in Sharp Decline
The U.S. average retail price of diesel fell 3.1 cents to $2.348, the Department of Energy said, amid high fuel inventories plus falling crude oil prices that are approaching a bear market.
August 1, 2016Daimler Challenges Tesla With Its Own Electric-Truck Pledge
Daimler subsidiary Mercedes-Benz outlined plans to start selling an electric heavy-duty truck in about five years, a week after Tesla Motors Inc.’s initial sketch on battery-powered commercial vehicles failed to impress investors.
July 27, 2016Diesel Drops 2.3¢ to $2.379 a Gallon
The U.S. average diesel retail price declined 2.3 cents to $2.379, the Department of Energy reported.
July 25, 2016Global Oil Market 'Severely Oversupplied' With Gasoline, Analysts Say
The global oil market is "severely oversupplied" with gasoline — with stocks at a five-year high — serving as a blow to crude prices from next month, reckon Morgan Stanley analysts led by Adam Longson.
July 25, 2016Alt-Fuel Infrastructure Build-Out Paves Way For Trucks Powered by Natural Gas, DME
Growing corridors of natural-gas fueling stations, together with a scattering of other ways to power heavy-duty trucks, make up an expanding infrastructure providing alternatives to traditional diesel.
July 25, 2016Shell Rotella Unveils New Engine Oil Lineup
WASHINGTON — Shell Rotella has unveiled its new lineup of lubricating oils, products designed to maintain the hotter-burning diesel engines coming in January 2017 and beyond.
July 25, 2016Oil Drops to Two-Month Low Amid Ample US Supply, Rising Dollar
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, 2016Shell Rotella Rolls Out New Engine Oils
WASHINGTON — Manufacturer Shell Rotella rolled out its new lineup of lubricating oils designed to maintain the hotter-burning diesel engines coming in January 2017 and beyond.
July 21, 2016