A late-breaking price rally on Friday brought crude oil prices back above the $40/bbl threshold, where they remain this morning despite a downward turn. Rising optimism across all financial markets helped deliver a strong close in equities and commodities last week. In addition, NY fuel prices (the trading point for NYMEX diesel and RBOB futures) […]
Prices eked out small gains on Friday, halting the 8-day down streak, though barely. Over the weekend, sentiments shifted to a more positive outlook on the economy given US-China trade talks resuming and a possible rate cut from the Federal Reserve. This morning crude oil is trading at $53.53, up 72 cents (1.4%) from Friday’s […]
The fuel industry tends to be seen publicly as a necessary evil. Fuels are dirty, pollute the environment, and make up 26% of U.S. greenhouse gas (GHG) emissions. Fuel companies have a bad reputation, and trucking companies—along with all the other fuel consumers like waste companies, construction, rail, and more—are associated with the negative image […]
