Oil climbed more than $3 early Wednesday to more than $112 a barrel 鈥 the highest intraday price in more than two years 鈥 on concerns that Middle East tensions could disrupt supplies, Bloomberg News reported.
August 28, 2013Business, Fuel
Oil Pushes Past $112 on Mideast Concerns
Business, Fuel
Diesel Rises for Second Week, Up 1.3垄 to $3.913; Gas Gains for First Time in Five Weeks
Diesel rose for a second straight week, gaining 1.3 cents to $3.913 a gallon, while gasoline increased for the first time in five weeks, the Department of Energy reported.
August 27, 2013Business, Fuel
Diesel Average Inches Higher; Gasoline Declines for 4th Week
U.S. retail diesel prices changed direction last week, gaining 0.4 cent a gallon to reach a national average of $3.90 after declining 1.9 cents over the previous two weeks, the Department of Energy reported.
August 26, 2013Business, Fuel
Diesel Rises 0.4垄 to $3.90 a Gallon, Gasoline Declines 1.1垄 to $3.550
Diesel rose modestly after two straight declines, rising 0.4 cent to $3.90 a gallon, while gasoline dropped 1.1 cents, the Department of Energy reported.
August 20, 2013Business, Fuel
Oil Drops as Storm Concerns Fade
The price of oil dropped after the National Hurricane Center in Miami said there was no tropical cyclone activity in the Atlantic basin, Bloomberg News reported.
August 19, 2013Business, Fuel
Diesel Dips 1.3垄 to $3.896, Extending 鈥楿nexciting鈥 Run
The average price of a gallon of U.S. retail diesel last week inched down 1.3 cents to $3.896, continuing a pattern of 鈥渦nexciting鈥 fuel moves that offer little consolation to fleets.
August 19, 2013Government, Fuel
EPA, NHTSA Drop Emissions, Efficiency Rules
Federal regulators withdrew some portions of a rule they tried to finalize in June that would have made minor technical amendments to the upcoming greenhouse-gas emissions and fuel-efficiency standards for heavy trucks.
August 16, 2013Business, Fuel
Oil Drops for First Time in Four Days
Oil prices slipped for the first time in four days Wednesday, following a Department of Energy report that showed crude and gasoline supplies fell last week, Bloomberg News reported.
August 14, 2013Business, Fuel
Diesel Slides 1.3垄 to $3.896 a Gallon in Second Straight Decline; Gasoline Drops 7.1垄 to $3.561
Diesel fell modestly for a second straight week, declining 1.3 cents to $3.896 a gallon, while gasoline dropped 7.1 cents, the Department of Energy reported.
August 13, 2013Business, Fuel
Oil Rises to Four-Day High Over $106
Oil rose to a four-day high Monday, topping $106 a barrel as analysts predicted growth in European economies for the first time in two years, Bloomberg News reported.
August 12, 2013