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Automakers Aim to Be More Premium Than Peers

Oct 7, 2016

More domestic car brands have demonstrated their eagerness for recognition as premium, although none of the Chinese peer group have yet revealed a strategy that will lead them to the top. Although there are previous failures that serve as ...

Tags: Geely, Automakers

Higher Brazilian Ethanol Price Fails to Halt Another Demand Record in October

Nov 25, 2015

Brazilian hydrous fuel ethanol demand in October rose 45% year on year to 1.75 billion liters, the fourth monthly consumption record in a row, according to data released by the National Petroleum Agency, or ANP. October's total was also 7% ...

Tags: hydrous ethanol, hydrous fuel, gasoline

Trans-Atlantic Gasoline Arb Reopens on Stronger US Prices

Nov 25, 2015

The Trans-Atlantic gasoline arbitrage reopened Tuesday on the heels of stronger prices in both the Northwest Europe and US East Coast markets. Platts assessed the Eurobob barge at $469.25/mt, or $1.3412/gal, while RBOB cargoes delivered ...

Tags: gasoline, Mediterranean gasoline

Retail Fuel Prices Will Be Lowered Slightly

Jul 8, 2015

Global woes drag crude prices, as demand continues to decline in China Retail fuel prices will be lowered slightly from Wednesday to better reflect the global fall in crude prices and the glut in the market, the nation's top economic ...

Tags: Gasoline Price, Crude Prices

Retail Price of Gasoline Declined on Friday

Mar 27, 2015

China's top economic planner, the National Development and Reform Commission, announced on late Thursday afternoon that the authority decided to reduce the retail price of gasoline by 240 yuan ($38.73) a metric ton, or 0.18 yuan per liter, ...

Tags: Gasoline Price, Gas

U.S. Specialty Jewelry Store Sales Fell 4 Percent Year on Year

Feb 13, 2015

U.S. specialty jewelry store sales fell 4 percent year on year to $6.11 billion in December, closing the year on a downer. December's sales total was the weakest since 2011 and followed a 6.2 percent decline for stores in November; still, ...

Tags: Jewelry Store, Jewelry

US: Gasoline Is Cheaper Than Mineral Water

Nov 18, 2014

It’s not bad that oil is cheaper than water despite the fact crude oil is key factor of American economy recovery. The retail trade lead by the decreasing oil price will make up the loss. A reporter from First Financial Daily said ...

Tags: Gasoline, Mineral Water

General Motors to Start Layoff in January and to Lay off Around 510 Workers in Michigan

Nov 17, 2014

General Motors is planning to lay off around 510 workers from two of its Michigan assembly plants in the US. It includes around 160 workers from its Orion Facility while 350 people will be laid off from its Lansing plant where Cadillac ...

Tags: Orion Facility, layoffs, Auto

The Average Price Fell 1.69 Cents to $3.294 a Gallon in The Past Two Weeks

Mar 10, 2014

The average price for regular gasoline at U.S. pumps fell 1.69 cents to $3.294 a gallon in the past two weeks, according to Lundberg Survey Inc. The survey covers the period ended Feb. 7 and is based on information obtained at about 2,500 ...

Tags: Transportation

The Average U.S. Retail Diesel Price Rose 3 Cents to End The Year at $3.903 a Gallon

Jan 2, 2014

Tom Biery/Trans Pixs The average U.S. retail diesel price rose 3 cents to end the year at $3.903 a gallon, the Department of Energy reported Dec. 30. The increase followed a 0.2-cent uptick in the previous week and left diesel 1.5 cents ...

Tags: US, retail diesel price, gasoline price

The Average U.S. Price for a Gallon of Regular-Grade Gasoline Fell 1.7 Cents

Dec 25, 2013

The average U.S. price for a gallon of regular-grade gasoline fell 1.7 cents over the past two weeks to $3.26, ending a four-week run of increases, according to a Dec. 22 Lundberg Survey Inc. report. The average price was nearly unchanged ...

Tags: regular-grade gasoline, price for a gallon of regular-grade gasoline

China May Raise The Price of Refined Oil on Thursday

Nov 29, 2013

China may raise the price of refined oil on Thursday, which would mark the seventh such increase within a year, industry analysts predicted. The upward adjustment of the refined oil price is predicted to be 100 yuan ($16) per ton, ...

Tags: Refined Oil, Crude Oil

Prices Were at Their Lowest Level Since Jan. 28 for a Second Straight Week

Oct 10, 2013

The national average retail price of regular gasoline fell 5.8 cents to $3.367 a gallon in the week ended Monday, the Energy Information Administration said. Prices were at their lowest level since Jan. 28 for a second straight week. ...

Tags: Gasoline Price, Gasoline

Gasoline Prices in Western Canada and The US Midwest Have Jumped Due to Supply Issues

May 24, 2013

Gasoline prices in Western Canada and the US Midwest have jumped due to supply issues surrounding the turnaround of Suncor's 135,000 b/d Edmonton, Alberta, refinery, industry sources said Thursday. "Suncor's move to secure gasoline and ...

Tags: Retail Gasoline, Chemicals

ISM Reports Growth for The 37th Consecutive Month

Feb 6, 2013

Non-manufacturing economic activity remained in healthy territory, growing for the 37th consecutive month, according to the Institute for Supply Management (ISM). In its monthly Non-Manufacturing Report on Business, the ISM reported that ...

Tags: ISM, Growth, Non-Manufacturing Sector, 2013

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