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Oil was near the highest in six weeks as major producers slash supply, and there are increasing signs that demand is recovering.

Oil surged to the highest level since early April on an improving outlook for crude demand, alongside a rally in broader markets.

Oil fell despite the first U.S. stockpile decline since January.

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.

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.

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.

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.

Oil fell in a day of wild price swings as investors weighed supply-and-demand fundamentals against Saudi Arabia’s global price hike.

Oil surged after Saudi Arabia raised prices for its crude globally.