Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is almost back to pre-pandemic levels.
May 20, 2020Search
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Chinese Oil Demand Is Almost Back to Pre-Virus Crisis Levels
Chinese oil demand is all but back to levels last seen before Beijing imposed a national lockdown to fight the coronavirus outbreak, according to people with inside knowledge of the country’s energy industry.
May 18, 2020Oil Trades Near Six-Week High on Supply Cuts, Demand Recovery
Oil was near the highest in six weeks as major producers slash supply, and there are increasing signs that demand is recovering.
May 15, 2020Truck Stops Providing Essential Services to Truckers, Navigating the Downturn
Like truck drivers, truck stops are struggling during the coronavirus pandemic. But they are still open, working to ensure drivers have the essentials they need.
May 14, 2020Oil Jumps to Five-Week High Amid Optimistic Demand Outlook
Oil surged to the highest level since early April on an improving outlook for crude demand, alongside a rally in broader markets.
May 14, 2020Oil Shrugs Off First Decline in US Inventories Since January
Oil fell despite the first U.S. stockpile decline since January.
May 13, 2020Oil’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, 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, 2020