Fuel Flash – October 2020
October 1, 2020
Oil prices showed some volatility during September after several months of trading in a tight range. Shortly after the start
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 moreOil 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.
Oil prices traded in a narrow range throughout June following the significant rebound that began in May. Although prices broke
Following the historic collapse near the end of April, oil prices began rebounding throughout May. May’s prices started slightly under
As part of the sharp decline that began in January, oil prices set another somber record in April when they
The sharp decline for oil prices that began in January has accelerated through March. Prices declined by about 60% during
Oil prices began to show some potential to recover in early February following their sharp drop in January. However, by
September had a volatile period for oil prices following a relatively stable stretch for most of August. The month opened
August opened with oil prices just over $58 per barrel but they fell sharply during the first week of the
The month of July opened with oil prices approaching $60 per barrel. By the 10th of the month, prices climbed
Oil prices hovered near $53 per barrel for most of June, then quickly increased toward $60 during the last 10
Oil prices traded in a narrow range near $62 per barrel for most of May, then quickly fell back to
During the first half of April 2019, oil prices traded in a narrow range in the low $60’s per barrel,
During March 2019, oil prices traded near $56 per barrel for the first half of the month. Near the middle
During February 2019, oil prices traded in a narrow range during the first 10 days, then began climbing for the
As 2019 got underway, fuel prices started to rebound after rapidly declining during the fourth quarter of 2018. January prices
For the third consecutive month, crude oil prices continued their steady decline throughout December. Prices closed the month at just
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