Fuel

Oil surged after Saudi Arabia raised prices for its crude globally.

Oil declined as data showing rebounding demand wasn’t enough to offset ballooning inventories.

The International Monetary Fund sees the world needing public investment of more than $20 trillion in the next two decades as nations spend on initiatives including improved healthcare systems, infrastructure and green technology.

California environmental regulators have issued an accelerated plan to mandate that truck manufacturers transition a portion of their sales from heavy diesel trucks to electric zero-emission vehicles beginning in 2024.

Oil’s recovery from last month’s epic plunge accelerated as production cuts start to whittle down a supply glut and more economies ease their coronavirus lockdowns.

TravelCenters of America reported a net loss and lower revenue in the first quarter as operations were limited by the novel coronavirus pandemic and unseasonably mild weather.

Tesla Inc. pushed back first deliveries of its Semi commercial tractor into next year, making the truck two years behind its original schedule.

The national average price of diesel fuel continued its steady slide, falling 3.8 cents to $2.399 a gallon, the Energy Information Administration reported May 4.

U.S. stocks kicked off the week on a positive note, rallying late in the session to close higher as crude oil gained for a fourth consecutive day.

Oil reversed losses as the pace of stockpile builds at the key U.S. storage hub slowed last week.