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Low distillate consumption in the United States: factors and trends
Distillate consumption in the U.S. has remained at low levels, reflecting economic and energy factors According to the Energy Information Administration (EIA), distillate consumption in the United States has remained at low levels during the current year, reflecting various factors impacting both economic activity and energy preferences. In its Weekly Petroleum Status Report (WPSR), average […]
Fuel card fraud: the role of technology in prevention
Fuel fraud represents approximately 5% of the total fuel expenditure for companies Fuel card fraud and refueling transactions have experienced a drastic increase. According to experts from transportation and fuel industry companies, these tactics will continue to rise unless appropriate measures are taken to counteract them. Motive, the company behind the Motive card for fleet […]
Risks and price increases in world fuel production
Fuel production disruptions, transportation attacks, and Western sanctions are driving price hikes Disturbances in trade routes and refinery closures have contributed to the rise in global fuel prices. Increases in gasoline and diesel surpass those of crude oil in some major markets. Fuel production disruptions, transportation attacks, and Western sanctions are driving price hikes. Despite […]
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