Fuel News

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

BusinessFuel

Exxon Reveals Petroleum Product Emissions Data for First Time

Exxon Mobil Corp. released emissions data on customers’ use of its petroleum products for the first time after coming under pressure from investors.

January 5, 2021
GovernmentBusinessFuel

Diesel Continues Upward Trend, Rises 0.5¢ to $2.640

The last days of 2020 and the first few of 2021 continued the same trend, with diesel prices rising nationwide.

January 4, 2021
GovernmentBusinessFuel

OPEC+ Meets to Discuss Output Hike, With Saudis Urging Caution

Saudi Arabia urged caution as OPEC+ gathered to discuss whether to hike supply again in February, with many countries wary of undermining a fragile recovery.

January 4, 2021
GovernmentBusinessTechnologySafetyFuel

Trucking Braces for ‘COVID Hangover’ and Ongoing Battles in 2021

As the COVID-19 pandemic stretches into 2021, the trucking industry will continue to address coronavirus-related challenges while confronting issues that existed long before most people had ever touched a face mask.

December 29, 2020
GovernmentBusinessFuel

Crude Climbs in Wake of Weaker Dollar, Expected Supply Drop

Oil advanced with support from a weaker dollar and expectations of declining U.S. crude inventories.

December 29, 2020
GovernmentBusinessFuel

Diesel Rises 1.6¢, Reaches Nine-Month High of $2.635 a Gallon

The U.S. average retail price of diesel rose 1.6 cents to $2.635 a gallon and notched a new nine-month high after first reaching that peak a week earlier, the Energy Information Administration reported Dec. 28. The average price of diesel was $2.659 on March 23.

December 28, 2020
GovernmentBusinessFuel

Oil’s Brief Rally Fades With Supply Risks Countering Stimulus

A brief rally in crude oil deflated Dec. 28 as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming new supply from OPEC+.

December 28, 2020
BusinessTechnologyFuel

VW CEO Says Apple Can Mount Major Challenge With Auto Push

Volkswagen AG CEO Herbert Diess said cash-rich technology giants invading the auto industry pose a much bigger challenge for the German manufacturer than traditional rivals like Toyota Motor Corp.

December 23, 2020
BusinessTechnologyEquipmentFuel

Nikola Loses Electric Truck Order From Republic Services

Nikola Corp. lost an order to supply sanitation heavyweight Republic Services Inc. with 2,500 battery-electric garbage trucks, the latest setback for the troubled startup.

December 23, 2020
GovernmentBusinessFuel

Diesel Jumps 6¢ Per Gallon to Nine-Month High

The U.S. average retail price of diesel rose 6 cents to $2.619 a gallon and notched the highest price in nine months, the Energy Information Administration reported Dec. 21.

December 21, 2020