ºÚÁϳԹÏÍø

The U.S. average retail price of diesel jumped 6.1 cents — the largest single increase of the year — to $3.104 a gallon as oil climbed past $68 a barrel amid signs the supply glut is fading.

Volvo Trucks on April 12 introduced its first all-electric truck for commercial use, with sales and production of its FL Electric model to start in Europe in 2019.

With cars becoming more fuel-efficient, the revenue from gasoline taxes is declining, leaving New Hampshire with inadequate funds to maintain roads and bridges, according to state Rep. Norman Major (R-Plaistow), chairman of the House Ways and Means Committee.

U.S. oil and gas producers expect their borrowing ability to increase over the next few months, leaving them open to invest in new shale assets, particularly the Eagle Ford in Texas.

Nikola Motor Co. moved to differentiate itself further from rival Tesla Inc. by no longer requiring deposits on its upcoming trucks and returning deposits it has collected as it prepares to announce a major new fleet customer in early May.

The Federal Motor Carrier Safety Administration has granted a five-year exemption from the 30-minute rest-break requirement for trucks hauling petroleum products and will allow fuel trucks to operate 12 hours a day without triggering the requirement under certain conditions.

The U.S. average retail price of diesel rose 0.1 cent to $3.043 as oil remained near $63 a barrel amid ongoing uncertainty over a U.S. trade war with China.

Investors of the world’s biggest oil-servicer providers are so far looking past the most punitive round of U.S. sanctions on Russia.

Clean Energy Fuels Corp. has introduced Zero Now, a fueling solution that combines what it calls the world’s cleanest engine technology with the cleanest fuel at a price of $1 per gallon for one year for a limited number of trucks.