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Stock impact report

Diesel benchmark up for second straight week [Yahoo! Finance]

Forward Air Corporation (FWRD) 
Last forward air corporation earnings: 4/30 04:27 pm Check Earnings Report
US:NASDAQ Investor Relations: forwardair.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
The price published by the Department of Energy/Energy Information Administration for Monday is $3.769 a gallon, an increase of 3.4 cents. It marks the first time since the weeks of March 18 and 25 that the price went up in consecutive weeks. There has been no obvious reason for the increase, as demand remains subdued and there are no significant disruptions to supply. But in his weekly report on energy markets, longtime energy economist Philip Verleger said manipulation of markets may be a reason for a recent increase in the price of Brent crude, the world's benchmark, which in futures markets rose from a settlement near $77.50 a barrel on June 4 to settle Monday at more than $86. Verleger's report discusses the activities of two global trading companies, Gunvor and Trafigura, acquiring significant quantities of two grades of crude that can be used to help set the price of the dated Brent assessment of S&P Global Commodity Insights, which contains the legacy Platts business th Show less Read more
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