Category: Diesel and Lumber

Diesel And Lumber Prices – May 21, 2019

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 oil exports to drop …

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Diesel And Lumber Prices – April 16, 2019

  Tightening oil supplies across the globe have pushed prices of the commodity higher since the beginning of 2019. But while crude prices are still showing positive momentum, analysts are still worried about volatility in the market. As of Friday, West Texas Intermediate Crude ended trading fairly flat, up less than 0.5%. Meanwhile, RBC Capital …

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Diesel And Lumber Prices – March 27, 2019

Diesel Prices National Average Diesel Price Per Gallon: $3.080 Back in February the International Energy Agency warned that global oil supply was on track to outpace demand. However, analyst Helima Crof of RBC Capital Markets has a positive outlook on the future of oil prices. “The question is, what does Donald Trump do in May? Does he …

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Diesel And Lumber Prices – March 19, 2019

Diesel Prices National Average Diesel Price Per Gallon: $3.070 Oil markets are in a state of anticipation as traders analyze the latest comments from Saudi Arabia’s Energy Minister Khalid Al-Falih. Al-Falih said on Sunday, March 17 that OPEC and its non-OPEC allied producers will “stay the course” in terms of their plan to cut production in an …

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