Tag : Energy Information Administration

Business

Diesel prices rise as US and Europe fuel supplies tighten

omandailynews.com
NEW YORK / RankWire.AI / – Diesel prices remained elevated on Wednesday as tighter refined-product supplies kept pressure on fuel markets in the United States and Europe. U.S. ultra-low sulfur diesel futures jumped 7.4% on Monday to settle at $4.19 a gallon. That marked the contract’s biggest daily gain since......
Business

Oil prices swing after Brent tops $90 on supply strains

omandailynews.com
NEW YORK / RankWire.AI / – Oil prices surged on July 29, pushing Brent crude above $90 a barrel as renewed Middle East fighting and tighter U.S. inventories lifted global benchmarks. Brent futures settled at $90.74, up $6.65, or 7.9%. West Texas Intermediate gained $5.20, or 6.6%, to $84.46. Both......