Earlier this month, nearly 100 representatives of medium- and heavy-duty truck dealers gathered in Washington, advocating for common-sense policies supporting the trucking industry.
June 23, 2025Search
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Shale Firms Shrug Off Trump Push to Drill as Price Rally Ebbs
In the shale oil fields of Texas, North Dakota and New Mexico, executives are unlikely to change their capital budgets based on abrupt price moves from U.S. military strikes on Iran.
June 23, 2025Closing the Strait of Hormuz Could Backfire on Iran
The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world’s most important oil chokepoint.
June 23, 2025Tanker Rates Soar to Highest Since 2023 After US Bombs Iran
Tanker rates extended gains as tensions in the Middle East ratchet higher, with shipowners demanding bigger fees to call at ports in the Persian Gulf after the U.S. launched strikes on Iran.
June 23, 2025Trump Warns Oil Producers on Prices Following Iran Attack
President Donald Trump demanded that energy producers push down crude prices following U.S. military strikes on Iran.
June 23, 2025Oil Flip-Flops After US Strikes Iranian Nuclear Sites
Global markets appeared to take the U.S. strike against nuclear targets in Iran in stride as investors watched June 23 to see how Iran will react.
June 23, 2025Keyera to Buy Plains’ Canada Natural Gas Liquids Unit for $3.8B
Keyera agreed to buy Plains All American Pipeline’s Canadian natural gas liquids business and some U.S. assets for C$5.15 billion, bulking up its pipeline system around the country.
June 18, 2025Canada Business Group Pushes for Pipeline Expansion in Mexico
Canadian companies could help Mexico reduce its lopsided dependency on imported U.S. natural gas by maximizing its own domestic supplies of the fuel, according to a Canada business group.
June 17, 2025Nikola Administrators Plan Final Asset Sale — the IP
Bankrupt Class 8 hydrogen fuel cell tractor manufacturer Nikola’s administrators are finalizing plans for the sale of the company's intellectual property.
June 17, 2025Fuel Tanker Rates Soar Over Israel-Iran Conflict
The cost of hauling refined oil out of the Middle East surged on June 17 as shippers reacted to the conflict between Israel and Iran.
June 17, 2025