Fuel

OPEC+ and its allies will decide as soon as this week whether to extend their historic output curbs, yet how long and to what extent global production curtailments remain in place will be crucial to sustaining crude’s rally after a record rebound last month.

Electreon Wireless is pressing ahead with projects to test its technology that allows electric cars to be charged while driving, potentially demonstrating a way to overcome a key barrier to the mass adoption of the vehicles.

Vnomics Corp. is expanding its fuel-optimization product offerings to fleets with telematics systems, the company announced May 27.

An early look at Saudi Arabia’s crude exports for May shows that historic production cuts have done little to squelch the kingdom’s flood of oil to China, which is just getting back on its feet from the coronavirus.

Memorial Day weekend, the typical start of the U.S. summer driving season, has come and gone. Data on just how much driving Americans did is trickling in, and it’s a bit noisy.

Russia’s lack of support for continuing global production curbs in July punctured oil’s rally to a nearly three-month high and raised questions about OPEC+’s ability to drain a massive supply glut.

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.

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.

TravelCenters of America Inc. has signed a franchise agreement to open a Petro Stopping Center in Monteagle, Tenn.

With its emissions mandates, tough labor laws, inspection requirements and extensive regulations, California has become both a difficult and expensive environment for trucking.