Analysts have been watching for signs that the oil industry will push barrels away from the state of Texas because at year-end companies are taxed on their inventories of crude. Analysts say it doesn't usually make much difference but this year, with so much oversupply in the market, it co...
The increase in prices is likely behind diesel thefts reported in California and Texas, which were caught on security cameras. "They had a trap door in their vehicle," said Jerry Thayil, whose family's gas station experienced a gas theft. "They would put a hose down there and suck it ...
PricesSan Antonio, Texas - While gasoline spot prices in the U.S. in recent weeks show a premium to middle distillate - a phenomenon not seen in years - the diesel premium to gasoline is likely to rebound soon. So predicted Wood Mackenzie's Alan Gelder, downstream consulting head-Americas,...
Despite the increase, oil prices and consumption remain below pre-pandemic levels. Brent crude is approaching $60 a barrel, a rise of more than 50% since the end of October 2020. And West Texas Intermediate, the benchmark price for crude oil in the U.S., last week rose above $55 for...
I have to say, I haven't been disappointed in the least with this decision. As far as I'm concerned ATL Diesel doesn't charge enough for the products they sell. I know, it seems like you're going to spend a ton of money for all of this but with ATL Diesel's prices, you won'...
One window of the sensor has a cheap battery-powered flashlight as a light source, while the other end has a Texas Instruments OPT101 photodiode sensor. The sensor is connected to one of the analog inputs of an Arduino, which also runs a 128×64 pixel LCD display — inspired by this ...
During the week November 18-November 22, 2019, West Texas Intermediate (WTI) crude futures prices rose by $0.34/barrel (0.6%.) Gasoline futures prices rose by 5.69 cents/gallon (3.5%.) Diesel futures prices fell by 1.32 cents/gallon (0.676%.) Although the relationship between futures prices...
During the week March 23, 2020 to March 27, 2020, West Texas Intermediate (WTI) crude oil futures prices rose by $0.77/b (3.4%.) Gasoline futures prices declined 3.37 cents/gallon (5.6%.) Diesel futures prices recouped 7.22 cents/gallon (7.2%.) The price recovery was based in part on...
Asian diesel cracks recovered to three-month highs for most of November, but have crept lower in December to average below $15 a barrel. U.S. ultra-low sulfur diesel futures hit a $26 per barrel premium against West Texas Intermediate crude oil futures on Nov. 26, the hig...
The prices of diesel and gasoline are trending upward at a time when gasoline, after Labor Day, usually begins to fall as the summer driving season levels. Oil prices are not going down either. “West Texas Intermediate is still near $70 a barrel. Brent is close to $80 a barrel,” Den...