BJ’s Wholesale is seeing a domino effect from the economic pressure that has boosted its gas business in recent months. However, its retail business continues to face challenges as demand grows unevenly. In response, the company is planning major changes to stores that could affect how customers shop. In the first quarter of 2026, BJ’s…
By Nicole Jao NEW YORK, April 16 (Reuters) – California gasoline inventories have fallen to record lows as fuel prices have soared nationwide in the wake of the war with Iran, and analysts warn that the full effect of “supply disruptions linked to the closure of the Strait of Hormuz has not yet hit the…
Limited oil supplies around the world, as a result of the ongoing war in Iran, are having a major impact on gas prices across the United States. As of March 30, the national average cost of gasoline had increased 2.4 cents per gallon week over week and 97.9 cents per gallon over the past month,…
Carnival delivers strong bookings, operating profit in first quarter amid rising fuel risks: analysts Proactive uses of images from Shutterstock Wall Street analysts have pointed to continued earnings momentum and an improving long-term outlook following Carnival Corp’s (NYSE:CCL) first-quarter 2026 results, while noting that fuel costs remain a key source of near-term uncertainty. Bank of…
By Jarrett Renshaw HOUSTON, March 26 (Reuters) – U.S. officials said this week that the historic surge in fuel prices during the war in Iran will be short-term and touted record U.S. production at an industry conference where oil executives and government officials from Asia, the Middle East and Europe lamented the worst disruption to…
Jet fuel prices are rising as the war in the Middle East disrupts global oil supplies, putting pressure on airline costs as the busy summer travel season approaches. Experts say it’s not a question of if airfares will rise, but when, for how long and by how much. The impact may be felt most on…
Chart of the week: Diesel Truck Stop Price Per Gallon, Department of Energy Weekly Average Diesel Price, Ultra Low Sulpur Diesel Price, Fuel Distribution to Retailers and Wholesalers – US SONAR: DTS.USA, DOE.USA, ULSDR.USA, FUELS.USA Wholesale diesel prices (ULSDR, light green) rose more than 30% last week, while retail prices (DTS daily in white and…
