Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is almost back to pre-pandemic levels.
May 20, 2020Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Gig Economy Drivers Are Fueling a US Gasoline Demand Rebound
Gig-economy deliveries for groceries, alcohol and other goods look to be driving a nascent recovery in U.S. gasoline demand after the lowest plunge in almost 30 years.
May 19, 2020Oil Falls Despite Signs of Tightening Market, Demand Recovery
Oil prices fell even as supply curbs tightened the market and demand rebounded with the reopening of major economies.
May 19, 2020Chinese Oil Demand Is Almost Back to Pre-Virus Crisis Levels
Chinese oil demand is all but back to levels last seen before Beijing imposed a national lockdown to fight the coronavirus outbreak, according to people with inside knowledge of the country’s energy industry.
May 18, 2020Oil Trades Near Six-Week High on Supply Cuts, Demand Recovery
Oil was near the highest in six weeks as major producers slash supply, and there are increasing signs that demand is recovering.
May 15, 2020Truck Stops Providing Essential Services to Truckers, Navigating the Downturn
Like truck drivers, truck stops are struggling during the coronavirus pandemic. But they are still open, working to ensure drivers have the essentials they need.
May 14, 2020Oil Jumps to Five-Week High Amid Optimistic Demand Outlook
Oil surged to the highest level since early April on an improving outlook for crude demand, alongside a rally in broader markets.
May 14, 2020Oil Shrugs Off First Decline in US Inventories Since January
Oil fell despite the first U.S. stockpile decline since January.
May 13, 2020Oil’s Scenario of Exhausted Storage Starts to Fade
While the global oil market remains in a dire situation, it’s starting to look like the nightmare scenario envisioned for the past month might just be averted.
May 12, 2020