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Diesel prices set a record of $5.85 a gallon on Sept. 4 and have continued to climb daily since then to the current price of $6.53. On Tuesday, GasBuddy head of petroleum analysis Patrick De Haan ...
That’s crucial right now, because while rising retail gasoline prices have squeezed Americans’ budgets, it’s the record high price of diesel that is more concerning for the U.S. economy.
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It's putting a significant financial strain on truck drivers and small trucking companies. The Texas Trucking Association warns the rising costs could also impact consumers as businesses face higher ...
CLEVELAND, Ohio — The hit on the wallet for a tank of gas is one thing. So is the cost for a daily commute, a trip to Columbus or even the long drive to Disney World. But add it up over time, and the ...
Don't expect diesel prices to decline to a point where pressure dissipates on its own: Rebecca Babin
Rebecca Babin, CIBC Private Wealth senior energy trader, joins 'Squawk Box' to discuss the state of diesel prices, impact on American businesses, and more. Got a confidential news tip? We want to hear ...
President Trump stated that high gas prices are a "small price to pay" for the ongoing war in Iran. The national average gas price was $4.46 on Sept. 18, up from $3.20 the previous year. A June poll ...
The Iran war has created a new shortage on the oil market. This time the scarce commodity isn’t just crude—it is the ships that carry it. Drone attacks that shut Saudi Arabia’s bypass pipeline earlier ...
Mortgage rates close to 7%. Gas prices near their highest levels since 2022. A Federal Reserve interest-rate hike for the first time in three years. Everything from buying a house to filling up your ...
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