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Oil Slides With Glut Concerns Eclipsing Demand Recovery

Oil declined as data showing rebounding demand wasn’t enough to offset ballooning inventories.

May 6, 2020

IMF: World Needs Two-Decade, $20 Trillion Investment

The International Monetary Fund sees the world needing public investment of more than $20 trillion in the next two decades as nations spend on initiatives including improved healthcare systems, infrastructure and green technology.

May 6, 2020

CARB Updates Proposal to Speed California’s Transition to Zero-Emission Vehicles

California environmental regulators have issued an accelerated plan to mandate that truck manufacturers transition a portion of their sales from heavy diesel trucks to electric zero-emission vehicles beginning in 2024.

May 5, 2020

Oil Extends Recovery on Optimism Supply Cuts Will Trim Glut

Oil’s recovery from last month’s epic plunge accelerated as production cuts start to whittle down a supply glut and more economies ease their coronavirus lockdowns.

May 5, 2020

TA Reports Net Loss, Revenue Dip in Q1

TravelCenters of America reported a net loss and lower revenue in the first quarter as operations were limited by the novel coronavirus pandemic and unseasonably mild weather.

May 5, 2020

Tesla Delays First Deliveries of Electric Semi to 2021

Tesla Inc. pushed back first deliveries of its Semi commercial tractor into next year, making the truck two years behind its original schedule.

May 5, 2020

Average Price of Diesel Falls Another 3.8¢ to $2.399 a Gallon

The national average price of diesel fuel continued its steady slide, falling 3.8 cents to $2.399 a gallon, the Energy Information Administration reported May 4.

May 4, 2020

Stocks Gain as Oil Extends Rally for Fourth Day

U.S. stocks kicked off the week on a positive note, rallying late in the session to close higher as crude oil gained for a fourth consecutive day.

May 4, 2020

Oil Spread Tightens After Report Shows US Tanks Filling Slower

Oil reversed losses as the pace of stockpile builds at the key U.S. storage hub slowed last week.

May 4, 2020

Exxon Profits Drop as Most of World Stays ºÚÁϳԹÏÍø

NEW YORK — Profits fell at ExxonMobil as the global pandemic began to erode oil demand.

May 1, 2020