Diesel Fuel

Distillate Markets
Distillate Markets

‘Early Adopters’ May Pay More for LNG than for Diesel, HFO - Study

Norway-based energy-industry advisor Bergen Energi AS finds that “early adopters” of liquefied natural gas (LNG) as a transport fuel could pay more for LNG than for diesel fuel, heavy fuel oil (HFO) or intermediate fuel oil (IFO)—even when gas spot prices trade well-below oil prices.

Transportation
Transportation
Distillate Markets

ICE ULSD Futures Volume Hits New Record

The Intercontinental Exchange (ICE) announced Oct. 15 that its ultralow sulfur diesel (ULSD) futures contracts (dubbed “ICE Low Sulfur Gasoil”) hit record trading volume on Oct. 14, with 67,110 contracts traded.

Regulation & Legislation

India Finally Deregulates Diesel Prices

Following years of price controls and tens of billions of dollars of losses suffered by oil refiners and the public treasury, India’s government on October 18 announced that domestic diesel-fuel prices will now be regulated by the free market rather than by politicians.

Transportation
Distillate Markets
Transportation

Caterpillar Sued Over Defective Emissions-Control System

The Washington, D.C.-based law firm of Cohen Milstein announced October 7 that it has filed suit on behalf of 22 trucking companies in 18 U.S. states against Caterpillar over an allegedly defective “ACERT” diesel emissions-control system on Caterpillar heavy-duty highway engines sold between 2007 and 2010.

Fuels