Fuel Flash – November 2018
Crude oil prices tumbled by almost 13% during October. They peaked very early in the month at just over $76/barrel
Fuel costs are one of the most significant expenses for fleet operators. As fuel prices fluctuate, businesses are look…
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Read moreCrude oil prices tumbled by almost 13% during October. They peaked very early in the month at just over $76/barrel
Crude oil prices traded in a narrow range near $70/barrel for most of September then started rising quickly toward the
During August, crude oil prices started the month near $70/barrel but fell toward $65 by the middle of the month.
Crude oil prices opened July slightly over $74/barrel following a rapid increase after OPEC’s meeting near the end of June.
Crude oil prices traded in a narrow range near $65/barrel for most of June leading up to the OPEC meeting
Crude oil prices continued climbing throughout May and then lost momentum near the end of the month. Despite the setback,
Crude oil prices rose rapidly during April, gaining approximately 10% from where they started the month. Prices are about 30%
Fuel prices have been increasing rapidly over the last several months. Just one event or change can cause prices to
Companies that run an active fleet may have some of the highest turnover rates among any industry. You can joke
Fuel cards are one of the most convenient aspects of the modern trucking industry. They ensure that every driver can
Crude oil prices ended 2017 at just over $60/barrel; a level not seen since June 2015. December’s prices were relatively
MAP-21 became law in 2012 – and one of its provisions was the electronic log requirement. These logs are used
When you’re driving all the time, what seems like ‘perfectly normal’ fuel prices for everyone else can stack up to
Crude oil prices gained another 6% during November and closed the month at just over $57/barrel. Prices briefly topped $59
The most important job a truck driver has is to get there safely and with the cargo in one piece.
Every year the transportation industry faces new perils during the winter and this year will be no exception. With that
Crude oil prices posted a net gain of roughly 5% during October following an increase of approximately 10% back in
Winter is coming- let’s hope for the best but plan for the worst! Sokolis is committed to making sure you
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