Matt Nelson is an automotive journalist with nearly a decade of experience in all things cars. He's spent years working at dealerships in sales, finance, and service. He's since traded in his pens and ...
The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars. By Emmett Lindner The price of diesel ...
Diesel markets are structurally tighter, with lower inventories and less flexibility to absorb supply shocks than gasoline. Global trade, agriculture, and industry rely heavily on diesel, making ...
Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. This voice experience is generated by AI. Learn more. This voice ...
It’s been hard to ignore growing fears of a looming fuel shortage in Australia. Conflict in the Middle East has led to what the International Energy Agency has called the “largest supply disruption in ...
Energy Secretary Chris Wright told CNBC that the administration is working bring more diesel to market as fuel prices surge. Wright said earlier Monday that emergency oil stockpile releases could ...
The average price of diesel fuel hit $5.04 a gallon nationwide Tuesday, the latest fallout from soaring crude oil prices brought on by Iran’s blockade of the Strait of Hormuz, a critical oil transit ...
U.S. diesel prices have surged 34% to $5.04 per gallon since the U.S. attacked Iran. Diesel is essential to the U.S. economy. The fuel is used in trucks, trains and barges that transport goods to ...
NEW YORK, March 10 (Reuters) - Surging diesel prices are threatening to slow global economic activity as the war in the Middle East pressures supplies of both the industrial fuel and the type of crude ...
American drivers notice soaring gas prices. But another fuel – diesel – is also on the rise, and at a much faster pace. While you’ve likely never bought a gallon of diesel, it’s still worth worrying ...
NEW YORK, March 4 (Reuters) - Average U.S. retail diesel prices surpassed $4 a gallon for the first time in nearly two years on Wednesday and are set to rise further later in the week as the ...
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