Fuel Market Report

Oregon Fuel Price Variance Fuel Market News The diesel market experienced downward price fluctuation, as rack average prices dropped $0.12 down from $2.71 last week. However, B20 rack averages experienced minor fluctuations closing the week at the same price they opened at. The gasoline market went up this week with rack average prices increasing $0.11…

Oregon Fuel Price Variance Fuel Market News The market as a whole experienced minimal price changes this week. Rack average prices had no changes for three straight days this week, with minor fluctuations on Thursday and prices falling on Friday into the weekend. Retail prices have begun to rise as the average price per gal…

Oregon Fuel Price Variance Fuel Market News The diesel market experienced minor price fluctuations throughout the week closing at $2.77, only $0.05 higher than its opening price of $2.73. The gas market experienced much more extreme price fluctuations, closing the week at $2.74, $0.43 higher than its opening price of $2.31. Many refineries are running…

Oregon Fuel Price Variance Fuel Market News The diesel market experienced spikes throughout the week, as the market closed $0.20 higher on Friday from its opening OPIS rack average of $3.48. Gasoline prices fluctuated upwards as prices rose $0.08 to end the week. Oil prices increased this week going from $72/barrel to $76/barrel. This price…

January 2024 Fuel Market Recap for Portland, Oregon Stable oil prices: Unlike previous years, oil prices remained relatively stable in January 2024 globally, impacting local markets like Portland. This stability stemmed from: Increased oil production from the Americas. Weaker economic growth globally, leading to lower demand. Ongoing geopolitical tensions with limited impact on supply chains. Gradual price increase: Despite stability, experts predicted…

Oregon Fuel Price Variance Fuel Market News Fuel prices across the board had minor variance with no real significant impact on the market with price changes between $0.01-$0.03 for both gas and diesel. This is common for this time of year, as fuel prices hit their yearly lows and begin to rebound, gauging overall demand.…

Oregon Fuel Price Variance Fuel Market News Pump prices varied throughout the week, spiking in the middle of the week and coming back towards the end of the week with no real significance to the overall market. OPIS wholesale rack averages increased over $0.05 across the board for E10, B5 & B20. While the national…

Oregon Fuel Price Variance Fuel Market News The wholesale market experienced slight increases for both gas and diesel while the retail market saw a drop of over $0.10 for both gas and diesel in Washington & Oregon. Drivers have enjoyed relatively low fuel prices the past two months but should not expect this to continue,…

Oregon Fuel Price Variance Fuel Market News Despite predictions of the market “bottoming out” concerning price variances, the wholesale market continued to drop this week, experiencing a simultaneous decrease of $0.10 for diesel and gasoline. Winter storms across multiple regions along with post-holiday travel declines are some of the largest contributions to the current decreased…

Oregon Fuel Price Variance Fuel Market News Fuel prices continue to drop as we roll into December. Prices are down for gas and diesel in Oregon and Washington for the fourth week straight. The average gasoline price in Oregon dropped below $4/gal, although it is rare to see prices this low in the Portland area.…