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(Oil Price) – The U.S. Department of Energy will offer another 40 million barrels of crude from the Strategic Petroleum Reserve […]
The Energy Department plans to loan 315,000 barrels from the 1 million-barrel Northeast Home Heating Oil Reserve, according to a statement Oct. 21.
WASHINGTON (AP) — The Group of Seven industrial nations said Friday that they plan to release 100 million barrels of oil and fuel products in the coming weeks, starting w...
WASHINGTON — The Group of Seven industrial nations said Friday that they plan to release 100 million barrels of oil and fuel products in the coming weeks, starting with “substantia...
“The Group of Seven nations has agreed to release up to 100 million barrels of crude oil and diesel from their strategic reserves to help bring down prices,” NewsNation reports.
Record nominal pump prices and a shrinking inventory cushion are colliding with fuel contracts that were priced for a calmer market. The EIA now expects distillate inventories, die...
WASHINGTON (AP) — The Group of Seven wealthy democracies said Friday that they plan to release 100 million barrels of oil and fuel products in the coming weeks, starting with “subs...
U.S. diesel reached a record $5.820 per gallon as refinery disruptions and tight inventories pushed fuel costs higher for carriers and shippers.
ICE gasoil futures, the global diesel benchmark, climbed as much as 4.2% to their highest level since April 9.
G7 countries have agreed to release 100 million barrels of oil and fuel products, starting with diesel. Joe Brettell, founder and principal of Forward Energy, joins CBS News to dis...
The national average for diesel reached $6.4866 a gallon on September 19, according to the American Automobile Association (AAA), surpassing its previous record. The price was $6.1...
Data through yesterday: Figure 1: Regular gasoline (blue, left scale), diesel (red, left scale), jet fuel-kerosene (green, left scale), all $/gal., and spot price Brent oil (black,...
With flows from the region’s top supplier at risk, European diesel’s premium to Brent crude jumped to more than $95 a barrel on Sept. 23, a record in Bloomberg data going back to 2...
The release, being coordinated by the International Energy Agency, will take place over the next four months, French President Emmanuel Macron said.
Diesel hit $5.96 in Texas as fuel costs added an estimated $826 to the average household's spending since the conflict began
Because diesel is used for many freight and delivery networks, higher diesel prices mean higher transportation costs for a long list of everyday goods.
Diesel prices are now at the highest level ever recorded in the United States. The national average hit a record $6.51 per gallon today. Prices rose 3.9% from July to August alone.
Average diesel prices surged to a record high of $6.50 per gallon late last month, according to the American Automobile Association.
Fact: The strategic military weapon reserves has been depleted.Fact: The notional strategic oil reserves are being pumped.Fact: Now the strategic diesel reserves are being pumped.U...
Global diesel supplies have faced severe constraints since the U.S. and Israel first attacked Iran in late February.
Diesel continues to be at a record high, while unleaded fuel is $6 a gallon in California as of Sept. 14, 2026.
The last time U.S. diesel prices rose this high was in 2022 after Russia invaded Ukraine, hitting a peak of $5.82 a gallon.
The average price of diesel jumped over the $6 mark for the first time ever on Friday, setting the stage for broad price hikes in the United States. The national average hit $6.06...
The internet memes have now become reality. Source: Fortune As U.S. prices for diesel fuel surge to all-time highs, some California pumps literally can’t price their diesel any hig...
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