Fuel Flash – April 2023
April 3, 2023
Early in March, oil prices continued their upward trend from the end of February, briefly topping $80/barrel. The main factor
Fuel costs are one of the most significant expenses for fleet operators. As fuel prices fluctuate, businesses are look…
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Oil prices opened the last month of 2024 in the high $60s/barrel. OPEC+ met in…
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Choosing the right fleet fuel locations is a critical decision that can impact…
Read moreEarly in March, oil prices continued their upward trend from the end of February, briefly topping $80/barrel. The main factor
Oil spent all but one day below $80/barrel in February. Oil prices continued to fall into the mid-to-low $70s/barrel to
Oil finished 2022 briefly topping $80/barrel, then started 2023 just under that mark. Early in January, prices quickly fell toward
Oil spent most of December in the $70s per barrel even with OPEC’s decision to stick with their 2 million
Oil prices climbed back to the $90/barrel range briefly in November before quickly falling back to just above $80/barrel by
After bottoming out at about $76/barrel in September, oil prices turned upward in October. OPEC+ met and announced supply cuts
Oil prices continue to drop, falling below $80/barrel in September. As we close out the summer and move into fall,
Oil and fuel prices extended their downturn from July. Oil dropped below $87/barrel in August, which is the lowest we’ve
After bottoming out at about $76/barrel in September, oil prices turned upward in October. OPEC+ met and announced supply cuts
Oil prices continue to drop, falling below $80/barrel in September. As we close out the summer and move into fall,
Oil and fuel prices extended their downturn from July. Oil dropped below $87/barrel in August, which is the lowest we’ve
Oil and fuel prices continued their decline from June into July. Oil dropped below $100/barrel for the first time since
Oil prices extended their climb from the end of May into June until they hit a ceiling (for now) at
This article first appeared in the June 2022 issue of Heavy Duty Trucking magazine. Photo: Deborah Lockridge If you buy
Since the beginning of April and a brief dip here or there for a day, oil prices have remained above
Compared to March, things were much calmer in April. Crude oil started around $100 and finished just under $105/barrel. About
Crude oil started March above $100, and it would be a wild ride from there on. Diesel and gas had
With fuel prices at or near record highs, HDT Talks Trucking looks at how fleets can save money beyond better
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