Diesel Prices Increase After Oil Production Cut
Blink and you’ll miss it – diesel prices are on the rise again, increasing by an average of $.40 in the span of a single week. These price increases come shortly after the OPEC Oil cartel and its allies announced that it will be decreasing oil production. This production cut comes only a few months […]
Diesel Market Causing Confusion
The diesel market split into two directions last week, adding to the confusion and uncertainty that buyers have been facing. Inventories of ultra low sulfur diesel (USLD), which had already been at record-breaking lows, managed to decrease even further in price. USLD had been rising faster than the price of crude oil and gasoline on […]
