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Oil Prices

Oil, Diesel Prices Continue to Rise

National on-highway diesel prices rose to $3.33 per gallon last week, as crude oil prices hit their highest level in more than six years.

Crude Topping $50 Could Mark Oil Tipping Point

Analysts contend that the crude oil supply-and-demand imbalance will be righted just as soon as the price climbs high enough to compel U.S. shale-oil drillers to again ramp up production.

Collapse of Oil Prices and Ruble Devaluation Negatively Impacting Russian Fleet Market

The Russian economy is in a recession, with the gross domestic product (GDP) shrinking 3% in 2015. This economic downturn is widespread, with output falling in key sectors of the economy. The overall fleet demand in the Russian market is down, primarily due to the volatility in the exchange rates for the ruble and its impact on new-vehicle pricing.

Preparing Your Fleet to Meet Rising Market Trends

Plan ahead for the future and have discussions with your senior management about costs and what the future has in store for your fleet. While it looks like the cost of a gallon of gasoline may be going down, the cost of everything else is going to go up.

Fuel Prices Lowest of the Year

Diesel and gasoline prices dropped again in the first week of December, setting new lows for the year, according to the latest numbers from the Energy Department.

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