Diesel is quietly entering a new phase, with wholesale benchmarks sliding faster than most consumers or policymakers seem to ...
RBOB futures were under the most pressure this morning, with the February contract sliding below the $1.69 level. The low of $1.6871/gal is within a cent of the lows seen in mid-December with the ...
U.S. diesel futures jumped to as high as $3.375/gal before settling +1.9% Monday at $3.3622/gal, up 16.95 cents or 5.3% during the past three sessions and more than 50% above May lows to the highest ...
Open interest in Europe’s main diesel futures contract has plunged by more than one-third since the beginning of October Declining prices of Europe’s diesel resulted in the fastest exit of traders out ...
The world’s biggest oil product market is hungry for barrels as traders grapple with a summer supply squeeze. U.S. stockpiles of diesel products have dropped to the lowest for the time of year since ...
Surging natural gas prices helped push crude oil futures modestly higher Monday, as traders eyed forecasts for much colder weather across the U.S. and Europe over the coming weeks that likely would ...
U.S. diesel exports recently have exceeded 1 million barrels per day, according to Gas Buddy. The most recent week’s average retail price of $3.868 a gallon was 10.8% above the $3.491 a gallon from ...
Hedge funds and portfolio managers are reducing their short positions on European diesel futures. Rising natural gas prices and colder weather are boosting demand for diesel and gasoil. Traders are ...