Category: Diesel and Lumber

Diesel, Lumber, And Staffing News – January 15, 2019

        National Average Diesel Price Per Gallon: $2.98 OPEC Secretary General Mohammed Barkindo has expressed concern over the effect of the U.S.-China trade war on market growth in Asia. “Any measures that may impact or constrain trade may likely impact on growth and by extension on demand for energy,” he said. China is …

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Diesel, Lumber, And Staffing News – January 8, 2019

        National Average Diesel Price Per Gallon: $3.01 Fears over crude oil oversupply have lowered analysts’ price expectations for 2019. Goldman Sachs downgraded its expectations for the Brent Crude average from a previous forecast of $70 to $62.50. The West Texas Intermediate benchmark also fell, from $64.50 to $55.50. “We expect that …

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Diesel, Lumber, And Staffing News – December 4, 2018

        National Average Diesel Price Per Gallon: $3.21 On December 3, Qatar’s Energy Minister announced that the country will be withdrawing from OPEC effective January 1, 2019. Qatar is one of OPEC’s smallest oil producers. However, the country is one of the world’s largest producers of liquefied natural gas. “This is a …

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Diesel, Lumber, And Staffing News – November 14, 2018

        National Average Diesel Price Per Gallon: $3.32 The crude oil market has flipped. During past weeks, investors worried about high prices due to shortages of U.S. oil and the possibility of shrinking imports from Iran. But now, analysts are expecting supply to outstrip demand. The reason? Slowing consumption and expectations that …

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Diesel, Lumber, And Staffing News – November 6, 2018

        National Average Diesel Price Per Gallon: $3.34 Since October 30, BP, Chevron, and Exxon Mobil have all seen jumps in earnings as well as profits that beat quarterly expectations. “Our strong financial results reflect higher production and crude oil prices,” said Chevron Chairperson and CEO Michael Wirth. And according to Chevron …

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