By Brian L. Milne, Refined Fuels Editor for Telvent DTN. Wholesale gasoline costs were mixed across the country’s major metropolitan markets during the week ended Sept. 10, with supply tightness in some parts of the country bolstering values while other regions saw their costs decline on fading demand and the switch away from the more…
Gasoline Prices in Uptrend Through Labor Day
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices made sharp gains in late July, early August, and there’s more upside left in the cash market, which will filter through to retail outlets across the U.S. Absent a steep selloff, retail gasoline prices are poised to move higher in most U.S. metropolitan…
Whole Gasoline Costs continue Lower as Market Frets over Demand
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Initially moving up and reaching a two-week high on June 15, New York Mercantile Exchange RBOB gasoline futures reversed course and tumbled to a nearly one-month low on June 17, setting the stage for retail gasoline prices to continue moving lower. NYMEX RBOB futures serve as…
Developing a Fuel Strategy Amid Soaring Costs
High gas prices mean more headaches for retailers. Experts weigh in on the best ways to survive the market volatility. By Erin Rigik, Associate Editor. With gas prices skyrocketing, retailers are feeling the squeeze from every angle. But there are unique opportunities for savvy retailers to reduce fuel expenditures, which will afford them a better…
Wholesale Gasoline Costs Mixed While Retail Prices Slip
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs move mixed in our most recent weekly report, reflecting increasing available supply in some regional markets, namely Chicago, and worries over global oil supply tightness expected later this year. The latter was amplified after members of the Organization of the Petroleum Exporting Countries…
Gas Prices Rising After Slumping to Five-Week Low
Climbing wholesale gasoline costs are poised to push higher the U.S. regular grade retail gasoline average when the Energy Information Administration releases its survey results for May 31 from a five-week low of $3.849 gallon set on May 23, reversing two consecutive weeks in which the average fell by nearly 12 cents per gallon. The…
Gasoline Costs Continue Rise Despite Tepid Demand Growth
Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs are moving sharply higher early in the fourth quarter primarily on a bullish market sentiment for all commodities in general, along with refinery downtime in key regional markets in New York and Chicago. Meanwhile, ethanol prices are again on the move higher, with the…