Oil fell despite the first U.S. stockpile decline since January.
May 13, 2020Search
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Oil’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, 2020Diesel Prices Show Signs of Leveling Off After Significant Declines
The average price of a gallon of diesel fuel fell only half a penny nationwide to $2.394 from $2.399 the previous week, according to the Energy Information Administration's weekly report May 11.
May 11, 2020Dana Hires Hong Yang for Electric Vehicle Systems Post
Dana Inc. announced Hong Yang joined the company as senior director of electric vehicle systems engineering for its commercial vehicle drive and motion business unit.
May 11, 2020Electric Truck Integration Poses Challenges for Fleets, Study Shows
Many fleets are looking to integrate electric trucks into their operations but are stymied by a series of obstacles that will slow the shift from diesel vehicles.
May 11, 2020Saudi Arabia Cuts Oil Output Again
Saudi Arabia announced a surprise move to slash oil output to the lowest point in 18 years as it tries to spur the recovery from an energy crisis that has devastated the kingdom’s finances.
May 11, 2020Orange EV Places First Electric Terminal Truck in Missouri
Orange EV announced Terminal Consolidation Co. deployed an Orange EV T-Series battery-electric terminal truck to move shipping containers at TCC’s Kansas City, Mo., operation.
May 8, 2020Oil Slips With Glut Concerns, Reversing Saudi Price Hike Boost
Oil fell in a day of wild price swings as investors weighed supply-and-demand fundamentals against Saudi Arabia’s global price hike.
May 7, 2020Tanker Truck Industry Faces Challenges as Fuel, Milk Deliveries Decline
Tank truck carriers have been among the trucking industry’s hardest-hit segments during the COVID-19 pandemic.
May 7, 2020Oil Jumps After Saudi Arabia Raises Prices to Boost Recovery
Oil surged after Saudi Arabia raised prices for its crude globally.
May 7, 2020