Oil Climbs Over $101 a Barrel
Oil rose to more than $101 a barrel Tuesday mornning after taking its biggest gain in two months last week, Bloomberg reported.
December 27, 2011Daily Briefings from Transport Topics
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Oil Rises for Third Day as Crude, Diesel Inventories Decline
Oil rose for a third day Wednesday as a Department of Energy report showed crude inventories plunged last week, Bloomberg reported.
December 21, 2011Diesel Falls 6.6¢ to $3.828 in Largest Drop Since May 2010
Diesel dropped 6.6 cents to $3.828 a gallon, its fourth straight downturn and the biggest decline in more than a year and a half, the Department of Energy said.
December 20, 2011Diesel Hit $4 a Gallon Multiple Times in 2011
U.S. diesel prices climbed in 2011 to an average of $3.84 per gallon as of Dec. 12, about 85 cents higher than last year, and topped the $4 mark in April, May and November.
December 19, 2011Oil Remains Under $95 a Barrel
Oil rose but remained under $95 in early trading Monday on the New York Mercantile Exchange, Bloomberg reported.
December 19, 2011Three New Projects Promise to Lift Truck/Rail Oil Transport
Three new projects, featuring transloading between trucks and trains, are being developed to tap the growing demand to transport crude oil generated by recent energy development efforts, according to separate announcements.
December 19, 2011Diesel Drops to $3.894; Gas Price Down by 0.4¢
U.S. diesel prices slipped 3.7 cents to $3.894 a gallon last week, the third straight weekly drop, the Department of Energy reported.
December 19, 2011Oil Drops $5 to Below $95 a Barrel
Oil fell more than $5 on Wednesday — down from a $100-plus per-barrel closing price on Tuesday — after OPEC said it would lift its production ceiling and a government report showed gasoline and diesel inventories rose last week.
December 14, 2011Gasoline Price Update: Price Drops 0.4¢ to $3.286
The Department of Energy has altered its weekly gasoline price average to $3.286 a gallon, a 0.4-cent weekly decline, from a previously announced 1.6-cent decline.
December 14, 2011Diesel Drops 3.7¢ to $3.894 in Third Decline
Diesel’s national average pump price fell 3.7 cents to $3.894 a gallon, its third straight downturn, while gasoline also declined, the Department of Energy said.
December 14, 2011