By Cassia PazPublished On: March 13, 2026Categories: Daily Market News & Insights Oil markets remain on edge as the Iran conflict continues to disrupt shipping through the Strait of Hormuz, pushing crude prices sharply higher this week. Brent crude briefly climbed above $100 per barrel for the first time since mid-2022, with prices surging as high as $119 earlier in the week …
Week in Review – Geopolitics Push Oil Higher While Supply Questions Linger
By Sydney CaseyPublished On: February 27, 2026Categories: Daily Market News & Insights, Week in Review Oil markets are ending the week higher as geopolitical risk once again took center stage. Prompt crude futures rallied more than $1.60 per barrel this morning and are on track to finish up over $3.50 week-over-week, driven primarily by uncertainty surrounding U.S.–Iran nuclear negotiations and the growing perception …
FUELSNews Special Report: Maduro Capture – What It Means for Oil Prices
By Alan ApthorpPublished On: January 5, 2026Categories: Daily Market News & Insights, Fuel Prices, News The capture of Venezuelan President Nicolás Maduro by U.S. forces during an overnight operation on January 3 sparked global headlines and widespread attention. But what is the impact for fuel markets? So far, the event has only sent a brief ripple through global oil markets. WTI crude markets traded …
How Seasonal Fuel Changes Impact Fleet Performance
By Abigail GerryPublished On: August 28, 2025Categories: Daily Market News & Insights, Fuel Prices Fuel might look the same every time you fill up, but blends change throughout the year for reasons that often get overlooked. Beyond fluctuations in price and availability, seasonal changes in temperature and regulations directly affect how fuel is formulated and how well it performs in each season. These …
What’s That: Tier 4 Compliance
By Abigail GerryPublished On: July 2, 2025Categories: Daily Market News & Insights, What Is It Wednesday If your operations depend on heavy-duty equipment—whether in construction, mining, utilities, or oilfield services—chances are you’ve encountered Tier 4 in product specifications. But beyond technical jargon, Tier 4 compliance carries significant implications for fuel procurement, equipment performance, and regulatory exposure. In industries like construction and oil drilling, …
What’s That: Strait of Hormuz
By Cassia Paz Published On: June 25, 2025Categories: Daily Market News & Insights, What Is It Wednesday When people in the energy world talk about chokepoints, the Strait of Hormuz is usually at the top of the list for a good reason. Tucked between Iran and Oman, this narrow waterway, just 21 miles wide at its tightest, connects the Persian Gulf to the …
Mounting Risk in the Middle East Drives Bullish Tension in Fuel Markets
By Sydney CaseyPublished On: June 17, 2025Categories: Daily Market News & Insights, Fuel Prices Crude oil prices are trending to the bullish side this morning, up more than $0.90 per barrel, as heightened geopolitical tensions give rise to market volatility. Diesel and gasoline futures have also spiked by over 5 cents and 2 cents, respectively, following concerns of escalating conflict in the Middle …
New Tariffs on Canadian Imports: What It Means for DEF Prices?
By Ashley FisherPublished On: March 17, 2025Categories: Daily Market News & Insights, DEF, Fuel Prices New trade measures between the U.S. and Canada have introduced tariffs that could impact key industries. The latest round of tariffs has raised concerns about increased costs across various sectors, including Diesel Exhaust Fluid (DEF), which is essential for emissions control in diesel engines. These measures could ripple through …
U.S. Tariffs Trigger Global Response as OPEC+ Adjusts Output
By Sydney CaseyPublished On: March 4, 2025Categories: Daily Market News & Insights, Uncategorized On March 3, 2025, President Trump announced that tariffs on imports from Canada, Mexico, and China would move forward as scheduled, taking effect on March 4. The new tariffs include an additional 10 percentage point (pp) tariff on Chinese imports, raising the effective tariff rate by 1.2pp and leading to …
Week in Review: Bearish or Bullish? Fuel Prices Teeter as Global Pressures Mount
By Sydney CaseyPublished On: February 28, 2025Categories: Daily Market News & Insights, Week in Review This week, fuel markets faced a whirlwind of factors driving both bearish and bullish pressures, leaving prices caught between competing forces. A strong rebound in refinery utilization led to a draw in crude inventories, but that draw was overshadowed by builds in refined product inventories, fueling bearish sentiment …