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OPEC+ Agrees to Pause Oil Supply Increase After Price Rout

OPEC+ clinched a deal to pause its planned oil output hike for two months after prices plunged amid fragile demand.

September 5, 2024

Increase your fleet’s fuel economy with the right lubricants

With our recommendation of Mobil Delvac™ Extreme FE 10W-30, GP Transco was able to achieve up to a 1% gain in fuel economy—saving them hundreds of thousands of dollars a year. Find out how.

September 1, 2024

BMW to Sell Hydrogen Cars in Partnership With Toyota

BMW AG plans to start selling hydrogen-powered vehicles in four years in a bid to establish the technology as an alternative to battery-electric cars.

September 5, 2024

ChargePoint Restructures Workforce Amid Revenue Challenges

ChargePoint Holdings, operator of the largest electric vehicle charging network in the US, plans to cut 15% of its workforce after missing revenue forecasts.

September 4, 2024

Volvo to Launch Battery-Electric Truck With Longer Range

Volvo Trucks plans to boost the range for one of its global battery-electric trucks to about 372 miles on a single charge, the Swedish original equipment manufacturer said Sept. 3.

September 4, 2024

OPEC+ Discusses Possible Delay to Oil Output Hike

OPEC+ is discussing a possible delay to an oil output increase planned for October, delegates said, after prices crashed to the lowest since last year.

September 4, 2024

Diesel Price Dips 2.6¢ to $3.625 a Gallon

The national average diesel price fell by 2.6 cents to $3.625 per gallon, according to U.S. Energy Information Administration data on Sept. 2, marking the eighth straight week of declines.

September 3, 2024

US, China to Restart Climate Talks in Beijing

Climate negotiators from the U.S. and China will resume talks Sept. 4 in Beijing on deepening emissions cuts and transition funding.

September 3, 2024

Perspective: Overcoming the Greatest Hurdle to ZEV Adoption

The greatest hurdle to the widespread adoption of medium- and heavy-duty zero-emission vehicles is the most difficult to overcome: an underlying lack of trust and faith in ZEVs.

September 3, 2024

Brent Crude Tumbles Below $75 a Barrel, Erasing 2024 Gains

Brent erased its 2024 gains as concerns about demand in the world’s two biggest economies overshadow heightened geopolitical risks.

September 3, 2024