Fuel

By Daryl Delano -- Logistics Management, 6/1/1998

The fuel-price slide came to an abrupt end in April. A deal among OPEC members placed some limits on production and slowed the buildup of additional petroleum supplies. Though both diesel-fuel and gasoline prices rose between March and April, the transport industry was spending an average of 20% to 25% less on fuel this April than last April, and supply and demand fundamentals make any sharp increases for the balance of 1998 increasingly unlikely.

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