Category: CDL Drivers

Diesel And Lumber Prices – June 11, 2019

Sam Meredith, CNBC   Fears of an economic downturn have started to impact oil consumption. As a result, Brent and U.S. West Texas Intermediate crude futures have fallen almost 20% after reaching their 2019 peaks this spring. “Uncertainty and volatility are set to prevail, and the immediate price outlook remains anything but clear,” said Tamas …

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Diesel And Lumber Prices – May 21, 2019

Source: Huileng Tan, CNBC Oil prices jumped this week after the Saudi Energy Minister indicated that OPEC will continue to limit supply. The energy minister’s comments come after OPEC and its allied oil-producing countries agreed to reduce output by 1.2 million barrels per day for six months starting on January 1, 2019. Analysts also expect Iranian …

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