Business

Fuel Prices Surge

Updated 2026-09-16 17:10 UTC 1 source Negative

Diesel prices reached an all-time high of $6.31 per gallon. Continental Resources plans to develop a massive oil patch in Venezuela with estimated reserves of 30 billion barrels. American Airlines reports that premium cabin seats drive half of its revenue.

Coverage timeline — 3 articles
CNBC
American says a minority of its seats now accounts for half of its revenue.
2026-09-16 16:55 UTC
CNBC
Prices for diesel, the fuel type used to power trucks and trains, came in at an all-time high of $6.31 per gallon on Wednesday.
2026-09-16 16:57 UTC
CNBC
Continental said it will develop and operate a patch in the Orinoco Belt that spans 126,000 acres and possesses an estimated 30 billion barrels of reserves.
2026-09-16 17:04 UTC
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