Fuel Prices

DoorDash Inc. (NASDAQ:DASH) CEO Tony Xu has shared that the platform will help drivers with cashbacks and weekly payments to help offset rising fuel costs. Emergency Relief Program DoorDash, in a post on X on Monday, touted the platform’s emergency relief program, which would offer a 10%...

President-elect Donald Trump‘s move to impose 25% tariffs on Canada can thwart the growth of the stock markets and affect corporate profits, inflation, transportation and oil marketing companies. What Happened: This comes as Goldman Sachs head of commodities research, Daan Struyven told...

More than 30 natural gas tankers carrying liquified natural gas (LNG) are idling, reported the Wall Street Journal, and slowing their routes off Europe’s coast, waiting for the price of fuel to rise. As Dutch TTF December Gas Futures stabilized to 113.50 euros from a ...

Drivers and fleet owners who don't understand all the nuances of how the retail price of diesel is set should think of it as a stacked bar chart. At the base is the price of crude. That will always be the biggest factor because except for renewable supplies of diesel, the fuel comes from crude....

The start of the IMO 2020 regulation is just nine months away, but it's still too early to tell the level at which vessel owners and operators will comply with the law and how well countries will enforce it – both of which will affect the price of bunker fuel for ships. That compliance-...

With oil markets whipping up and down—down from early October to right around Christmas, and then shooting back up since then into the first days of the new year—it begs the question: who is making money on these moves? There are really only two parts of the petroleum sector where...

Aterian Investment Partners, a private equity firm from New York, announced its acquisition of Chattanooga-based Xpress Global Systems, LLC (XGS), an LTL carrier focused on carpet and other floor covering products. Panton Capital Holdings, an Atlanta-based private equity firm, was the seller in the...

Shares of CSX Corporation (NASDAQ: CSX) gained more than 3 percent early Wednesday morning after the company reported its first-quarter results Tuesday. CSX said it earned $0.37 per share in the first quarter on revenue of $2.618 billion. Wall Street analysts were expecting the company to earn $0....

Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors, told Benzinga that airliners are set up to report "spectacular earnings." Holmes added that airline stocks have gained as of late following a notable dip in oil prices. The airline and investment pro...

Fuel prices have dropped around 10 percent since airliners last reported their earnings in July. David Fintzen of Barclays commented in a note on Thursday that airliners will continue to be a "net beneficiary" of low oil. The bullish thesis isn't as "flawless" as it was in 2013, but remains "...

Michael Linenberg, Deutsche Bank's analyst that covers the U.S. airline sector, commented in a note that shares of American Airlines Group Inc (NASDAQ: AAL), Delta Air Lines, Inc. (NYSE: DAL) and Copa Holdings, S.A. (NYSE: CPA) are all trading at "attractive" entry-points relative...

In a report published Tuesday, Morgan Stanley analyst William Greene discussed feedback he had received to asking investor opinion which airline stock has the least upside. According to Greene, the responses were "fairly diverse" but Virgin America Inc (NASDAQ: VA) was a standout. The...