High prices appear to have started to weigh on diesel demand in the United States, where inventories of distillates – made up of diesel and fuel oil – have slowly increased in recent weeks. U.S. distillate inventories are still below the five-year average, but the gap in inventories from previous years has slowly begun to …
The diesel crisis finally causes the destruction of demand | OilPrice.com Read More »
Summit Trucking president Bart Plaskoff said he was paying $70,000 more a week for diesel fuel as the shortage grew at Varney & Co. Dwindling diesel inventories have driven prices to a record premium over gasoline and crude oil, showing how war, weather and other disruptions in global energy markets continue to produce price shocks …
Diesel hits record premium over gasoline and oil Read More »
A major U.S. diesel fuel supplier warned of a “shortage” of oil on the East Coast on Monday and suggested it could drive up prices for various consumer goods in the near term. But while diesel and gasoline inventories are lower than they have been in the past, the limited supply of diesel fuel is …
No, the United States will not run out of diesel fuel in 25 days Read More »
