Prices in the US rose by 3.4% in the year to August, with the cost of living pushed up by higher gasoline prices, official figures show. The overall inflation rate was unchanged from July, according to the Bureau of Labor Statistics (BLS). It comes ahead of the Federal Reserve making its latest interest rate decision
As U.S. prices for diesel fuel surge to all-time highs, some California pumps literally can’t price their diesel any higher—maxing out the display at $9.999 per gallon. Fuel-tracking firm GasBuddy reported Thursday that a small handful of California fueling stations hiked their retail diesel up to the maximum display pricing as the state’s overall diesel
Pockets of fuel shortages worldwide, continuing price spikes, and rising inflationary pressure are now more imminent amid the ongoing Iran war escalation and the continuing decline of global energy supplies, analysts said. On Wednesday, the global benchmark for crude oil topped $101 per barrel for the first time since July and the U.S. standard for
The price of oil surpassed $100 a barrel for the first time since July after attacks on oil facilities and ships in the Middle East threatened to debilitate an already weakened supply chain. Brent crude, the international standard, jumped nearly 3% to $100.72 early Wednesday. U.S. benchmark crude gained 2.4% to $95.25 a barrel, and U.S. gasoline
Drivers in the US are paying more than ever for diesel at the pump as the US-Israel war with Iran continues to hit Americans’ wallets. In the US, diesel is mostly used by commercial vehicles, such as trucks, trains, boats, buses, farming vehicles and construction vehicles. The average price for one gallon of diesel in
Vin Diesel says filming for “Fast Forever” has a start date. “We start shooting in December, if I can make good on the request from the studio,” Diesel told Variety Monday night at the 25th anniversary screening of “The Fast and the Furious.” “I’m in a good place, though. I had to go through four
