gasnozzle

The Economy Cuts Both Ways on Gasoline

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices continue to decline as a host of bearish issues arise, while talks this week with Iran and the permanent five members of the United Nations Security Council plus Germany offer the prospect of further easing in the likelihood from this year’s greatest threat

fuelpump

Whole Gasoline Costs continue Lower as Market Frets over Demand

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Initially moving up and reaching a two-week high on June 15, New York Mercantile Exchange RBOB gasoline futures reversed course and tumbled to a nearly one-month low on June 17, setting the stage for retail gasoline prices to continue moving lower. NYMEX RBOB futures serve as

fuelpumpingLARGE

Wholesale Gasoline Costs Mixed While Retail Prices Slip

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs move mixed in our most recent weekly report, reflecting increasing available supply in some regional markets, namely Chicago, and worries over global oil supply tightness expected later this year. The latter was amplified after members of the Organization of the Petroleum Exporting Countries

fuelpumpingLARGE

Worries Over Economy Pressuring Oil Prices

Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs are again moving lower, pressured in early June by worry over economic growth highlighted by an increase in the U.S. unemployment rate in May. Poor results in manufacturing and housing detailed in recent data releases have also piled onto the heightening concern over the

fuelpumpWEB

Gas Prices Rising After Slumping to Five-Week Low

Climbing wholesale gasoline costs are poised to push higher the U.S. regular grade retail gasoline average when the Energy Information Administration releases its survey results for May 31 from a five-week low of $3.849 gallon set on May 23, reversing two consecutive weeks in which the average fell by nearly 12 cents per gallon. The

BP Partners With Telvent

BP has selected Telvent DTN TABS, a real-time IT solutions and information provider, to manage U.S. credit limits and monitor production allocations. DTN TABS terminal automation system authorizes or denies fuel loads based on pre-defined controls, which reduces the risk of credit losses or inventory depletion. By monitoring real-time load data from its terminals, BP

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