Fuel Market Report

June 2024 Fuel Market Recap

June 2024 Fuel Market Recap 1024 697 Star Oilco

June 2024 Fuel Market Recap for Portland, Oregon The diesel fuel market in the Pacific Northwest in June was characterized by tight supply and high prices. Between a limit in refining capacity, dependence on imports as well as seeing prices rise, it resulted in a month of challenges for Portland, OR and the Pacific Northwest…

Fuel Market Report: June 23rd – June 29th, 2024

Fuel Market Report: June 23rd – June 29th, 2024 1024 683 Star Oilco

Oregon Fuel Price Variance Fuel Market News Fuel prices fell this week, as gas and diesel dropped in price on both the wholesale and retail markets. Rack averages for diesel dropped $0.03 for B5 and $0.05 for B20, while E10 gas fell $0.07. With crude oil still above $80/barrel, it is surprising to see fuel…

Fuel Market Report: June 16th – June 22nd, 2024

Fuel Market Report: June 16th – June 22nd, 2024 1024 683 Star Oilco

Oregon Fuel Price Variance Fuel Market News Fuel prices jumped this week with the wholesale market seeing the biggest jumps as the retail market budged up slightly. The rack average for gasoline in Portland jumped $0.13, while B5 and B20 bumped up $0.10. The retail market saw less price fluctuation as the AAA average in…

Fuel Market Report: June 9th – June 15th, 2024

Fuel Market Report: June 9th – June 15th, 2024 1024 683 Star Oilco

Oregon Fuel Price Variance Fuel Market News Rack averages went up this week, while the retail price at the pump went down. The rack average price jumped $0.08/gal for both B5 & B20 and $0.07/gal for E10 gasoline. Retail prices dropped $0.05/gal for gasoline and $0.04/gal for diesel. As noted in last week’s report, demand…

Fuel Market Report: June 2nd – June 8th, 2024

Fuel Market Report: June 2nd – June 8th, 2024 1024 683 Star Oilco

Oregon Fuel Price Variance Fuel Market News Fuel prices within the market have continued to drop, as rack prices for gasoline dropped $0.14 this week, with diesel only dropping $0.02 for B5 and bumping up $0.03 for B20. With the RFS in Portland, demand for B20 is increasing, many companies are running a R80/B20 blend…

Fuel Market Report: May 26th – June 1st, 2024

Fuel Market Report: May 26th – June 1st, 2024 1024 683 Star Oilco

Oregon Fuel Price Variance Fuel Market News Prices are dropping across the market. Rack averages for E10 have dropped $0.19 this past week, while rack averages for B5 dropped $0.04 and B20 dropped $0.01. A major reason for this is the significant drop in crude oil prices as crude dropped $6.40 this week, its largest…

Fuel Market Report: May 19th – May 25th, 2024

Fuel Market Report: May 19th – May 25th, 2024 1024 683 Star Oilco

Oregon Fuel Price Variance Fuel Market News The fuel market experienced minimal price variances this past week, as diesel prices hardly moved and gas prices surprisingly fell $0.20 on the wholesale market. The retail market did not see as steep of a decline for gasoline as the retail average in Oregon dropped only $0.06. It…

Fuel Market Report: May 12th, 2024 – May 18th, 2024

Fuel Market Report: May 12th, 2024 – May 18th, 2024 1024 683 Star Oilco

Oregon Fuel Price Variance Fuel Market News The fuel market experienced minimal price variances this past week as the wholesale market saw rack averages drop $0.05 for gasoline, $0.01 for B5 diesel, and $0.02 for B20. The retail market dropped slightly as the average price for gasoline in Oregon dropped to $4.36 while diesel averages…

Fuel Market Report: May 5th, 2024 – May 11th, 2024

Fuel Market Report: May 5th, 2024 – May 11th, 2024 1024 683 Star Oilco

Oregon Fuel Price Variance Fuel Market News The fuel market experienced downward price fluctuation, as two-thirds of the country experienced price drops at the pump. This has largely been due to the falling price of crude oil as it is below $80 for the second week straight. In Oregon, wholesale gasoline prices dropped $0.15, while…

Fuel Market Report: April 28th, 2024 – May 4th, 2024

Fuel Market Report: April 28th, 2024 – May 4th, 2024 1024 683 Star Oilco

Oregon Fuel Price Variance Fuel Market News The fuel market experienced minimal price variances this week. Gasoline prices on the wholesale market dropped $0.08 but did not trickle down as the retail market only dropped $0.03 for gasoline. Diesel prices dropped $0.05 on the wholesale market while the retail market only dropped $0.02. Although price…