Fuel Flash – February 2022
Oil prices started the year at $76/barrel, the highest mark since Thanksgiving, and they would not stop there. OPEC+ had
Fuel costs are one of the most significant expenses for fleet operators. As fuel prices fluctuate, businesses are look…
Read moreOil prices opened the last month of 2024 in the high $60s/barrel. OPEC+ met in…
Read moreChoosing the right fleet fuel locations is a critical decision that can impact…
Read moreOil prices started the year at $76/barrel, the highest mark since Thanksgiving, and they would not stop there. OPEC+ had
As we get more information about Omicron, oil prices bounce up and down. Oil prices started December creeping back into
November oil prices started the month at $84/barrel. Certain analysts such as Bank of America were once again predicting prices
Oil markets started October at roughly $75/barrel and prices would not stop there. OPEC+ had met and the oil giants
Although Hurricane Ida made landfall August 29th, it continued to wreak havoc into September as it moved up the east
Oil started August above $70/barrel but fell below the mark just a few days into the month. By the 9th
Oil prices continued to rise through the beginning of July as average gasoline prices climbed to 7-year highs. The theme
Oil prices have been on a steady climb since the end of May. June saw even larger increases as oil
Oil prices started April flat, but gained some steam mid-April and reached a high of $65 per barrel near the
Following a rapid climb in February, oil prices lost their momentum in March. Despite some volatility during March, prices ended
Oil prices soared 18% higher in February, starting the month near $54 per barrel and ending just under $62. Prices
As the new year began, oil prices quickly leaped from the high-$40’s per barrel to just over $52. For the
Oil prices continued to increase throughout December and gained another 7% following a sharp increase during November. Prices ended the
Oil prices increased sharply in November, rising over 25%. The month began with prices just under $36/barrel and ended slightly
Oil prices fell by 11% during October, from a starting point near $40/barrel. Shortly after the month began, prices dropped
Oil prices showed some volatility during September after several months of trading in a tight range. Shortly after the start
During August, oil prices continued trading in a very narrow range but did achieve a small gain, starting the month
During July, oil prices traded in an extremely narrow range, primarily between $40 and $42 per barrel throughout the month.
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