Category: Diesel and Lumber

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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Diesel And Lumber Prices – April 16, 2019

Source: Lizzy Gurdus, CNBC   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 …

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Diesel And Lumber Prices – April 2, 2019

Source: Natasha Turk, CNBC   Diesel Prices National Average Diesel Price Per Gallon: $3.078 Oil prices slipped last week after news of a sharp increase in U.S. crude stockpiles. However, analysts say the drop is only temporary. According to Robin Mills, CEO of Qamar Energy, “Demand continues to be fairly good, OPEC+ compliance is high, …

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