oil News Updates

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Transport Topics provides essential updates on Oil news, including logistics, tariff developments, supply chain shifts, and trade policy changes. Our reporting delivers a global perspective on how oil manufacturing and transport trends impact U.S. freight, warehousing, and shipping operations.

BusinessFuel

4 Lubrication Strategies for Keeping Your Trucks on the Road

See how fleet and maintenance managers can keep trucks on the road for longer and save money with these 4 lubrication best practices from the Mobil Delvac™ team. Plus, learn how our experts can help you implement them successfully.  

November 1, 2022
GovernmentBusinessFuel

Senators Call for Sanctions on Russian Oil Sales to China

Sen. Marco Rubio (R-Fla.) wants the U.S. to sanction China’s purchases of oil and other energy supplies from Russia in an effort to cut off funding for that country’s war against Ukraine.

July 27, 2022
BusinessFuel

5 tips to recruit and retain top technician diesel talent

The growing shortage of technicians serving the trucking industry is a critical problem for fleet maintenance managers. But you can keep your fleet on the road and retain great talent with these tips from George Arrants and the ASE Foundation. Download the tip sheet here.

July 1, 2022
GovernmentBusinessFuel

Biden Administration Holding Its First Onshore Oil Sales

BILLINGS, Mont. — The U.S. government this week is holding its first onshore oil and gas drilling lease auctions since President Joe Biden took office after a federal court blocked the administration’s attempt to suspend such sales because of climate change worries.

June 29, 2022
GovernmentBusinessFuel

Gulf of Mexico Oil Drilling Makes Too-Little, Too-Late Comeback

A new wave of oil platforms is sweeping into the U.S. Gulf of Mexico as crude prices are riding historic levels and demand for barrels is higher than ever.

May 2, 2022
GovernmentBusinessTechnologyFuel

Oil Traders Jump Into Action as Europe Screams for Diesel Supply

Traders are snapping up ships to haul millions of barrels of diesel westward from Asia and the Middle East as oil supply chains react to Russia’s invasion of Ukraine.

March 11, 2022
GovernmentBusiness

Oil Jumps Near $123 as Chance of Russian Ban Spurs Crisis Fears

Oil had its biggest daily swing ever, surging to near $140 before pulling back, on the prospect of even tighter supplies after the U.S. said it was considering a ban on Russian crude imports.

March 7, 2022
BusinessTechnologySafetyFuel

Explosion, Fire Rock Marathon’s Huge Louisiana Refinery

Marathon Petroleum Corp.’s oil refinery near New Orleans exploded into flames on Feb. 21, threatening to crimp fuel supplies and raise pump prices at a time of already rampant inflation.

February 22, 2022
BusinessTechnologyEquipmentFuel

OPEC+ Must Fix Its Million-Barrel Supply Gap, IEA Says

The International Energy Agency urged OPEC and its allies to address a widening shortfall in their oil production as a volatile market sends crude prices rocketing toward $100 a barrel.

February 16, 2022
GovernmentBusinessFuel

US Sees Record Oil Production Next Year Moving Even Higher

U.S. oil production will grow even more than the government previously expected as a scorching price rally drives producers to boost drilling.

February 8, 2022