Oil Prices Resilient Despite Bearish News

Bearish headlines have yet to crack the resilience of oil prices this morning. Retail gasoline and diesel prices are easing for consumers; however, crude oil is gaining traction with a $1/bbl higher trade than yesterday. Oil is still under pressure from recent refinery outages and anticipation of future stock builds. Even though oil prices are […]

Lubricants – Who Uses Them and Why They Matter

You may think engine lubricants are a small part of your vehicle’s upkeep, but they’re actually a very important portion. Proper lubrication helps to reduce wear and tear on engine components, extend the life of your vehicle, and improve fuel efficiency. Whether you own a small or large fleet, you’ll want to make sure you’re […]

Week in Review – February 24, 2023

Analysis by Sydney Casey Macro concerns weighed on markets this week, causing crude oil to drop to its lowest level in over a week. Extending gains from yesterday’s session, prompt crude prices are now up more than 60c/bbl, although they are still headed for a week-on-week deficit. With crude ticking upward and RBOB futures essentially unchanged, […]

Natural Gas News – February 23, 2023

Natural Gas News – February 23, 2023 World’s Largest LNG Bunkering Vessel Completes 1st Ship-to-Ship Bunker The bunkering op was completed on January 18 and it saw the 30,000 cubic meters LNG bunkering ship Hai Yang Shi You 301 (Offshore Oil 301) refuel CMA CGM’s 23,000TEU dual-fuel container ship CMA CGM Concorde at Yantian Port, […]

Pick a Card, (Not Just) Any Card: Retail Cards, OTR, or Cardlock Fueling

If you manage a fleet of vehicles, you’ve probably heard of fleet card fueling. But, if you’re not familiar with those types of cards, you must be wondering what their benefits are. First, you can think of a fleet card as your standard credit card, but with more benefits. Fleet cards can be customized according […]

What Is It – Selective Catalytic Reduction (SCR)

The What Is It Wednesday series continues today with a discussion of the technology behind the diesel exhaust fluid in our diesel power trains – otherwise known as selective catalytic reduction or SCR. SCR is an innovative technology used in controlling emissions of nitrogen oxides (NOx) from diesel and some gas-fired power plants and industrial […]

Natural Gas News – February 21, 2023

Natural Gas News – February 21, 2023 UK Remains Top Destination For US LNG Supplies According to the Department of Energy’s newest LNG monthly report, US terminals have sent 69.3 Bcf of LNG to the UK in December, followed by the Netherlands (39.9 Bcf), France (38.3 Bcf), Spain (33.8 Bcf), and South Korea (24.7 Bcf). […]

Mobile Fueling: A Great Choice for Any Jobsite

You may think mobile fueling only works for companies with a high number of vehicles on duty. That’s not true. Whether you have a smaller fleet, or a huge construction site with hundreds of operating machines, mobile fueling can be an efficient option to fulfill all your onsite fuel needs while reducing costs. Mobile fueling […]

Diesel Hits 12-Month Low – Are More Headwinds Coming?

Crude oil prices have dropped from their recent highs, partly due to concerns about a potential oversupply and lower demand for heating oil as the winter weather eases. In addition, there are plans to sell more crude oil from the Strategic Petroleum Reserve, which could further increase supply and potentially put downward pressure on prices. […]

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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