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Minnesota Shutdown

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Chicago's Spot Diesel, Gasoline Rallies on Tight Supply

Chicago's spot gasoline and diesel fuel prices rallied again on Friday as regional refinery maintenance continues to crimp incremental supply.Sellers of ultra-low sulfur diesel fuel, or ULSD, for prompt 1st-cycle delivery, finished 10 cents up on the day, at 28 cents a gallon above June Nymex heating oil futures, while buyers rose eight cents to 24 cents over. The timing traded at a premium of 20 cents to the benchmark for Buckeye Complex delivery earlier on Friday. Barrels for 2nd-cycle May delivery were last assessed between 18 cents and 21 cents over June Nymex, up from 12 cents to 14 cents over on Thursday. The 3rd-cycle May timing finished at premiums of 10 cents and 13 cents, up from 8 cents to 9.5 cents over the day before.Conventional-gasoline blendstock, or CBOB, for prompt 1st-cycle May delivery traded as much as 4 cents up on the day, to a premium of 22 cents a gallon to June Nymex RBOB futures. 2nd-cycle bids also rose 4 cents, to 9 cents above the benchmark, while sellers ...

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  1. Job Creation Making a Slight Comeback

    Finally we're actually getting good news on the jobs front. But before you start popping the champagne, let's break it down. T The private sector served up a surge o...

  2. Weekly Jobless Claims Fall More Than Expected

    New U.S. claims for unemployment benefits fell more than expected last week, government data showed on Thursday, but distortions associated with the holiday weekend ...

  3. New jobless claims fall last week

    WASHINGTON (Reuters) - New U.S. claims for unemployment benefits fell more than expected last week, government data showed on Thursday, but distortions associated wi...

  1. Why We Can’t Lose Sight of the Goal of Getting Americans Back to Work

    FBN’s Gerri Willis on the discouraging outlook for jobs.

  2. D.C., Stay the Course and Put Americans Back to Work

    Just a few months ago we were telling you about silver linings in the jobs market, but these days those are almost impossible to find. And, a new report from the Lab...

  3. Surprise: U.S. Economy Adds More Jobs Than Expected in July

    U.S. job growth accelerated more than expected in July as private employers stepped up hiring, a development that could ease fears the economy was sliding into a fre...

  4. Weekly Jobless Claims Rise More Than Expected

    New claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, pointing to a labor market that is struggling to rega...

  5. Minnesota Shutdown ’s Impact on Business

    The Ugly Mug Bar and Restaurant Owner Erik Forsberg on how the state’s shutdown affected his business.

  6. Instant view: Retail sales up, PPI down, jobless claims fall

    NEW YORK (Reuters) - U.S. retail sales edged up 0.1 percent in June, after dipping 0.1 percent in May, as a rebound in receipts from auto dealers offset the biggest ...

  7. Silver Lining for the Job Market?

    FBN’s Gerri Willis breaks down the growth in jobs and why small business is driving job growth.

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