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11.09.26 - 14:30
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Diesel prices top $6, setting new record (The Hill)
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The average price of diesel in the U.S. hit a new record Friday, as the ongoing conflict with Iran and Ukrainian attacks on Russian oil refineries strain the global energy supply. The average cost of a gallon of diesel in the U.S. was up to around $6.05 on Friday morning, according to AAA. This marks......
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11.09.26 - 13:27
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Brent Nears $110 Then Tumbles On IEA Demand Destruction Warning As Houthis Threaten Saudi Oil Escape Route, Diesel Shock Goes Global (ZeroHedge)
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Brent Nears $110 Then Tumbles On IEA Demand Destruction Warning As Houthis Threaten Saudi Oil Escape Route, Diesel Shock Goes Global
Brent crude futures nearly topped $110 a barrel in the overnight hours but fell 3.5% to the $103 handle by 6 a.m. ET, after reports from the International Energy Agency that soaring fuel costs could spark global demand destruction.
The global benchmark remained on course for its biggest weekly advance since July. Prices have soared more than 70% this year as the Hormuz chokepoint remains disrupted, energy infrastructure attacks continue from the Gulf to the Russia-Ukraine theater, and renewed Chinese buying of crude in various global markets bids up local prices.
“A resumption of a full-blown Saudi-Houthi war would be a potential catalyst for our high oil price scenario coming to fruition,” RBC Capital Markets analyst Helima Croft wrote in a note.
The big news overnight was a report that Iran-backed Houthis claimed to have hit Saudi Arabia's East-West pipe...
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11.09.26 - 10:31
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ROUNDUP: US-Diesel kostet erstmals 6 US-Dollar pro Gallone (DPA-AFX)
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WASHINGTON (dpa-AFX) - Der landesweite Durchschnittspreis für Diesel ist in den USA nach Angaben des Automobilverbands AAA auf die Rekordmarke von 6,0556 Dollar US-Dollar pro Gallone (3,785 Liter) geklettert. Damit ist Diesel laut dem Marktanalyseportal ......
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