Tag: diesel
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Oil holds near two-week lows while diesel cracks hit record peak
LONDON, Sept 23 : Oil prices held near their lowest in more than two weeks on Wednesday as improving Gulf crude supplies weighed on the market, though diesel refining margins hit a record high on potential restrictions to US diesel exports.Brent crude futures rose 37 cents, or 0.37 per cent, to $99.62 a barre
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Is Europe prepared for its next major energy shock?
Record prices and fuel shortages in France are a warning for the rest of Europe. DW looks at the global supply squeeze behind the numbers and what Europe can do about it
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Trading Day: Lift off!
ORLANDO, Florida, Sept 16 : The U.S. Federal Reserve raised interest rates on Wednesday for the first time in more than three years and signaled more tightening lies ahead, triggering a sharp rise in the dollar, a slump in the Dow and S&P 500, and a significant flattening of the Treasury bond yield curve.
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Oil slips as Saudi Arabia offers more crude via Oman; diesel near record high
Sept 16 : Oil prices fell on Wednesday as reports that Saudi Arabia was offering additional crude cargoes via Oman eased concerns about the scale of Middle East supply disruptions, while European diesel prices hovered near a record high.Brent crude futures were down 59 cents, or 0.54 per cent, to $108.16 a b
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Donald Trump blames Ukraine for record US diesel prices
The US president is blaming Ukrainian strikes on Russian oil refineries for soaring diesel prices. He has even publicly told President Volodymyr Zelenskyy to stop the attacks. What should the world make of Trump’s logic?
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Oil falls but head for 8% weekly gain on tight supply; US diesel hits record
HOUSTON, Sept 11 : Oil prices fell on Friday but remained on course for a weekly gain of more than 8 per cent, while U.S. diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.Brent crude futures were down $3.10, or 2.88 per cent, at $1
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Oil falls but on track for sharp weekly gain on supply concerns; US diesel hits record high
HOUSTON, Sept 11 : Oil prices fell on Friday but remained on course for a weekly gain of more than 9 per cent, while U.S. diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.Brent crude futures were down $2.46, or 2.29 per cent, at $1
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Oil falls but on track for 8% weekly gain on supply concerns; US diesel hits record high
Sept 11 : Oil prices fell on Friday but remained on course for a weekly gain of more than 8 per cent while U.S. diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.Brent crude futures were down $3.45, or 3.21 per cent, to $104.18 a…
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US producer inflation tops expectations as diesel costs jump
WASHINGTON: US wholesale inflation picked up more than expected in August, government data showed on Thursday (Sep 10), driven by higher energy costs in the month – particularly for diesel – as the US war with Iran continued.Rising prices at the pump are squeezing US households and businesses weeks ahead of k
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Oil ends week higher on renewed US-Iran strikes, diesel hits record
HOUSTON, Sept 4 : Oil prices rose on Friday, ending the week substantially higher after the United States and Iran resumed military exchanges in the seventh month of their conflict, while retail U.S. diesel prices hit a record high.Brent crude futures settled at $92.68 a barrel, up 76 cents, or 0.8 per cent.�
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