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News
Record Diesel Prices Cross Six Dollars as Refining Squeeze Deepens
8+ hour, 53+ min ago (1141+ words) streamlinefeed.co.ke Porini Point Apartments for Sale in Tatu City, Kenya Porini Point is a large, phased apartment development planned within Tatu City, a 5,000-acre mixed-use city in Kiambu County. The development is designed as a low-rise residential community…...
High US diesel prices put retailers and consumers under pressure
8+ hour, 23+ min ago (1495+ words) US diesel prices above $6 a gallon are raising freight and delivery costs across the retail supply chain, putting pressure on retailers and consumers. US diesel prices have risen above $6 a gallon, pushing up freight and delivery costs for retailers and…...
Are oil price hikes putting a pre-election OCR increase back in play?
8+ hour, 28+ min ago (414+ words) Recent spikes in global oil prices and bond yields appear to be increasing the possibility the Reserve Bank will need to hike the Official Cash Rate again in October. While the Bank hiked the OCR earlier this month by 0.25 percent,…...
Canadian airlines decreasing prices to appeal to more customers
15+ hour, 12+ min ago (38+ words) CTV News Canadian airlines decreasing prices to appeal to more customers Aviation expert John Gradek describes why some Canadian airlines are offering steep discounts despite the rising fuel costs....
Costs Up, Wages Down??? Inflation Prevails
8+ hour, 48+ min ago (675+ words) Consumer prices in the USA rose 0.4% in August, four times July’s 0.1% increase, while annual inflation remained at 3.4%. The politicians will point to that 3.4% number and pretend inflation has somehow stabilized. But look beneath the surface and you see an entirely…...
South Florida truck fleets get squeezed as diesel nears record, food bank's fuel bill hits $121,000
10+ hour, 10+ min ago (402+ words) Rising diesel prices are putting pressure on South Florida's trucking networks — and the effects are extending far beyond freight companies. For Feeding South Florida, the spike has turned a routine operating expense into a growing threat to food deliveries across…...
Gas prices top $4 in Palm Beach County as war with Iran surpasses 6-month mark
10+ hour, 54+ min ago (31+ words) WPTV Gas prices top $4 in Palm Beach County as war with Iran surpasses 6-month mark...
The Oil Escape Route Went Dark, and Markets Are Feeling It
15+ hour, 43+ min ago (400+ words) According to a myriad of reports, a drone strike reportedly launched from Iraq paralyzed Saudi Arabia’s East-West Pipeline, also known as Petroline. Between the pipeline and the Strait of Hormuz disruption, Brent crude oil prices jumped 3% to $109 a barrel. Earlier…...
Sulphur prices on the rise amid supply shortages
11+ hour, 26+ min ago (544+ words) The sulphur price rose 4.22% in end-of-week trading on 11 September to ¥8,639.25 ($1,801) per tonne, up 226.71% year-on-year. Trading Economics reports that the commodity has fallen 9.08% over the past month, although it remains significantly higher year-to-date and year-on-year. The price increase is reflective of…...
Fuel price rises, deepens pressure on homes, businesses
10+ hour, 21+ min ago (715+ words) By Udeme Akpan & Mariam Eko The surge in international crude oil prices above $100 per barrel is pushing up petrol prices across Nigeria, with major marketers raising pump prices and creating fresh pressure on transporters, commuters, households and businesses. MRS filling…...