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OPEC Sees Steady Oil Demand Growth in First Look at 2026

OPEC forecast another year of steady oil demand growth, driven by India and China, in its first detailed assessment of 2026.

January 15, 2025

McKinsey Looks Toward Tech-Driven Future for Trucking

LAS VEGAS — McKinsey & Co. shared its expectations of a more technological, integrated and cleaner truck market during CES 2025.

January 15, 2025

Retailers Helped Fuel an EV Charging Station Blitz

U.S. electric vehicles got a record 766 new high-speed charging stations to plug into in the fourth quarter, with the uptick being driven by retailers.

January 15, 2025

Trump Tariff Threat Rippling Through Canada Oil Sector

U.S. President-elect Donald Trump’s vow to impose 25% tariffs on imports from Canada is finally starting to disrupt Canada’s oil industry.

January 14, 2025

Oil Glut to Expand in 2026 as OPEC Output Rebounds, EIA Says

Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the U.S., Canada and Guyana continues to grow.

January 14, 2025

Colonial Shuts Largest US Gasoline Pipeline Over Leak

Colonial Pipeline Co. shut the largest U.S. fuel pipeline Jan. 14 to investigate a potential leak in Georgia.

January 14, 2025

DTNA to Restart Diesel Truck Sales in Oregon

Daimler Truck North America will resume taking orders for diesel trucks and buses in Oregon after halting sales in late December, the company said Jan. 13.

January 14, 2025

EPA, Meyer Settle $7.4M Emissions Tampering Case

The EPA has reached a $7.4 million settlement with Meyer Distributing over allegations it sold tens of thousands of aftermarket emissions tampering devices.

January 14, 2025

Oil Tanker Rates Soar on Biden Sanctions Against Russia

Oil tanker rates jumped as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of crude.

January 13, 2025

Trump’s Tariffs Will Include Oil, Alberta Premier Warns

Canadians should be prepared to face U.S. tariffs once Donald Trump assumes the presidency next week, with no exemptions for oil, Alberta Premier Danielle Smith warned.

January 13, 2025