Diesel Nudges Up 0.4¢ to $2.39 a Gallon for First Rise This Year
The nationwide average price of diesel fuel increased by about half a penny, the U.S. Energy Information Administration reported May 26, ending a streak of 19 consecutive weekly price decreases.
May 26, 2020Oil Rallies With Producers Showing Confidence by Hiking Prices
Oil’s recovery from its historic crash last month is barreling ahead, with some OPEC producers displaying signs of confidence that the market is stabilizing.
May 26, 2020TA to Add Petro Stopping Center in Tennessee
TravelCenters of America Inc. has signed a franchise agreement to open a Petro Stopping Center in Monteagle, Tenn.
May 26, 2020California Becomes Epicenter of Emerging Truck Technology
With its emissions mandates, tough labor laws, inspection requirements and extensive regulations, California has become both a difficult and expensive environment for trucking.
May 22, 2020Despite Lower Gas Prices, AAA Expects Fewer Travelers This Memorial Day Weekend
The coronavirus pandemic has undermined road travel data, but anecdotal information points to fewer drivers likely to take to the road for Memorial Day weekend, AAA announced.
May 21, 2020Unlike China, India Oil Demand Stays Weak as Economy Falters
It’s going to take months for oil demand in the world’s third-biggest market to get back to pre-virus levels as India faces its deepest recession ever in the wake of its near two-month lockdown.
May 21, 2020Chinese Revival Draws Rare Shipments of Alaskan, Canadian Oil
Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is almost back to pre-pandemic levels.
May 20, 2020Gig Economy Drivers Are Fueling a US Gasoline Demand Rebound
Gig-economy deliveries for groceries, alcohol and other goods look to be driving a nascent recovery in U.S. gasoline demand after the lowest plunge in almost 30 years.
May 19, 2020Oil Falls Despite Signs of Tightening Market, Demand Recovery
Oil prices fell even as supply curbs tightened the market and demand rebounded with the reopening of major economies.
May 19, 2020Diesel Prices Continue to Slide Even as Oil Inches Up
