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Supply, Marketing, Distribution, Transportation & Logistics News & Information
June 2017 Issue

Fuel Price News

June 21, 2017: Stockpiles Continue to Weigh Down Oil Prices

Analysis by Dr. Nancy Yamaguchi   West Texas Intermediate (WTI) crude prices remain below $44 per barrel (/b) this morning, with yesterday’s selloff motivated by oversupply and massive oil stockpiles.   The issue of crude and product inventories is at the forefront of the news today. The American Petroleum Institute (API) reportedly noted a...

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June 20, 2017: Oil Prices Drop Again, Closing in on $43/b

June 20, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on June 20, 2017: Oil Prices Drop Again, Closing in on $43/b

Analysis by Dr. Nancy Yamaguchi   West Texas Intermediate (WTI) crude prices have collapsed to just above $43 per barrel (/b) this morning. Prices have not been this low since September 2016.   For the last two weeks, weak demand and the renewed...

June 19, 2017: Oil Prices Stable After Posting Fourth Week in the Red

June 19, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on June 19, 2017: Oil Prices Stable After Posting Fourth Week in the Red

Analysis by Dr. Nancy Yamaguchi   Oil prices are stable this morning after closing in the red on Friday. This was the fourth week in a row that crude prices declined. The past two weeks brought serious mid-week price collapses, which were fomented by a...

June 16, 2017: Oil Prices Facing Fourth Week of Declines

June 16, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on June 16, 2017: Oil Prices Facing Fourth Week of Declines

Analysis by Dr. Nancy Yamaguchi   Oil prices appear to be headed for another week in the red—the fourth in a row. Crude prices remain below $45 per barrel (/b), their lowest levels since November 2016.   This week’s price slump is shaped like a...

June 15, 2017: Oil Prices Collapse Again on the Heels of Weekly Supply Data

June 15, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on June 15, 2017: Oil Prices Collapse Again on the Heels of Weekly Supply Data

Analysis by Dr. Nancy Yamaguchi   Oil prices have collapsed to approximately $44.50 per barrel (/b) today. The price slump is reminiscent of last week’s downward correction, which also came on the heels of the Energy Information Administration’s...

June 14, 2017: Potential Inventory Build Suppresses Oil Prices

June 14, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on June 14, 2017: Potential Inventory Build Suppresses Oil Prices

Analysis by Dr. Nancy Yamaguchi   Yesterday, crude oil futures received some support from a Bloomberg survey predicting a crude oil stock draw of 2.25 million barrels (MMbbls) and a gasoline stock draw of 1.15 MMbbls. Following this, however, the...

June 13, 2017: Gasoline and Diesel Retail Prices Drop Countrywide by Over 4 Cents/Gallon

June 13, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on June 13, 2017: Gasoline and Diesel Retail Prices Drop Countrywide by Over 4 Cents/Gallon

Analysis by Dr. Nancy Yamaguchi   The Energy Information Administration (EIA) has released data on gasoline and diesel retail prices for the week ended June 12. Prices for both fuels fell significantly at the national average level, as well as in all...

June 12, 2017: Oil Prices Start the Week Strong

June 12, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on June 12, 2017: Oil Prices Start the Week Strong

Analysis by Dr. Nancy Yamaguchi   Oil prices are starting the week strong in early Monday morning trading. Last Friday’s prices were stable with a slight upward trend, and this morning brought a surge of buying that brought prices up by approximately...

June 9, 2017: Oil Prices Heading for Another Down Week

June 9, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on June 9, 2017: Oil Prices Heading for Another Down Week

Analysis by Dr. Nancy Yamaguchi   Oil prices declined significantly this week for the second week in a row. Many traders had hoped for a more dramatic outcome from the May 25 OPEC-non-OPEC meeting, and prices began to falter when the group stayed...

June 8, 2017: Oil Stocks Jump, Forcing Prices Down

June 8, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on June 8, 2017: Oil Stocks Jump, Forcing Prices Down

Analysis by Dr. Nancy Yamaguchi   Oil prices dropped sharply yesterday upon the release of the official U.S. weekly supply data by the Energy Information Administration (EIA). The industry had been expecting another drawdown in crude stockpiles, as much...