
Oil Advances Amid War and Hurricane Risks
Oil prices edged higher as Middle East tanker attacks and Hurricane Isaias heightened supply concerns.
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Oil prices edged higher as Middle East tanker attacks and Hurricane Isaias heightened supply concerns.
China’s diesel fuel and gasoline inventories are declining, which may eventually lead to the imposition of export curbs, Bloomberg has reported, citing recent fuel inventory data. Gasoline inventories at state-owned energy majors were down by 2.9% last week to their lowest level since 2022, according to Chinese commodity market research firm JLC International. Diesel inventories are sitting at the lowest in 15 months, booking a 2.4% dip last week, the publication noted. “With the domestic market tightening, we see an increasing risk…

For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shortage, and traders have gone bullish. They are especially bullish on fuels in the United States, it seems. The world’s biggest crude oil consumer and the biggest exporter of crude and fuels has not managed to avoid a supply squeeze at…

The benchmark diesel price used for most fuel surcharges hit an important milestone this week: it is at its highest level since military action commenced against Iran in early March. The weekly Department of Energy/Energy Information Administration average weekly retail diesel price rose 19.8 cents/gallon to $5.652/g, effective Monday but published Tuesday. The previous high price was $5.643/g set April 6. That price is now up 39.5 cts/g in the last two weeks. window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot('/21776187881/FW-Responsive-Main
#fwtv_q6TlMLWRgaI .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_q6TlMLWRgaI .fwtv-panel p{margin:0 0 12px}#fwtv_q6TlMLWRgaI .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} The trucking industry is losing a critical source of credit insight as BMO sells its transportation finance unit. FreightWaves’ John Kingston, who pioneered tracking BMO’s unique data, reveals how trucking credit quality is finally strengthening just as this transparent data source disappears. He also dives into rising diesel p
Sunoil Biodiesel inland barge “Birjo II” successfully runs on B100 bio bunker fuel Manifold Times
#fwtv_tCDcsHYyTCU .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_tCDcsHYyTCU .fwtv-panel p{margin:0 0 12px}#fwtv_tCDcsHYyTCU .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Diesel prices are soaring, but spot rates continue to fall, creating a significant disconnect in the trucking market. This SONAR Market Update dives deep into the factors driving this divergence, from global conflicts impacting refinery output to shifts in intermodal rail and changing length of haul for truckload freight. Under

If you’re a fleet operator and you’re looking to evaluate fuel options that may help lower lifecycle carbon intensity, you don’t have to commit to a single alternative fuel overnight. The smarter play, according to Dave Slade, principal biofuels scientist at Chevron , is building flexibility into your fuel strategy and leaning on the right resources to guide those decisions. Chevron’s portfolio of conventional and renewable fuel options spans petroleum diesel, biodiesel, renewable diesel, compressed natural gas (CNG), renewable natural gas (RNG), and lubricants. Slade notes that range allows C

Beyond looking out the windshield and seeing retail diesel prices that once again are rising, here are some key comparisons that a consumer dealing with those higher numbers should know. On February 27, the last day before military action began between Iran on one side and the U.S. and Israel on the other, the price of international crude benchmark Brent settled at $72.48/barrel on the CME commodity exchange. On the same day, ultra low sulfur diesel (ULSD) settled at $2.596/gallon. On Wednesday, Brent settled at $91.62/b. ULSD settled at $4.4523/g. window.googletag = window.googletag || {cmd:

Higher imports and steady refinery runs have loosened a market that was tight in early summer.
Russia extends diesel, gasoline export bans until end of January 2027 Reuters
Indonesia on track to launch B50 biodiesel programme on July 1, minister says Reuters
India cuts export duties on petrol, diesel and aviation turbine fuel Reuters
Russian diesel tanker veers away from Cuba after weeks at sea upi.com
Diesel, jet fuel exports from northeast Asia to recover in May, sources say Reuters
The divergence of Asian oil product crack spreads widens, with jet fuel premiums surging while diesel spreads hit lows. Bitget
Thailand restricts palm oil exports amid rising biodiesel demand Biofuels International Magazine
Russian Diesel Tanker Bound for Cuba Amid U.S. Oil Pressure Windward
Indian diesel exports to West Africa jump as EU bans Russian crude-derived fuel, shipping data shows Reuters
MOL, China's Largest Fuel Supplier SINOPEC, Marubeni Sign MOU to Establish Long-term Supply System for Marine Biodiesel Fuel | Information | Mitsui O.S.K. Lines, Ltd. mol.co.jp
Singapore: Golden Island Diesel Oil Trading to start 0.5% LSFO supply Manifold Times

Malta-based commodity trader Alkagesta has initiated biofuel operations in Romania to support the country's integration into Europe’s renewable energy supply chain.

The Malta-based energy group is integrating Romanian infrastructure into its regional network to facilitate trade in certified renewable fuels and support European climate goals.
Industry Outlook 2025-2027: Biodiesel krungsri.com
As Ukraine hits refineries, Russia bans diesel & petrol export amid fuel shortage Firstpost
Russia Extends Gasoline Export Ban, Restricts Diesel Shipments The Moscow Times
India Emerges As Ukraine’s Top Diesel Supplier For Second Straight Month In August Swarajya