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.

Government, Business, Fuel

OPEC, Oil Nations Agree to Nearly 10 Million Barrel Cut Amid Virus

OPEC, Russia and other oil-producing nations on April 12 finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the coronavirus pandemic and a price war, officials said.

April 13, 2020
Government, Business, Fuel

Mexico Strikes Deal With US, Paving Way for OPEC Output Cuts

Mexico says it has reached an agreement with the United States that will allow it to agree to a deal on production cuts with OPEC, Russia and other countries.

April 10, 2020
Government, Business, Fuel

Diesel Falls 3.8¢ to $2.548 a Gallon; Gas Is Below $2

The nationwide average retail price of diesel fuel declined by almost 4 cents per gallon on April 6, knocking trucking’s main fuel more than 50 cents lower than the same time a year ago.

April 6, 2020
Government, Business, Safety, Fuel

Virus Will Take Toll on State Transportation Revenue, Experts Say

Experts indicate the coronavirus pandemic will have a significant negative effect on state revenue, including funding that supports transportation projects.

April 6, 2020
Government, Business, Fuel

VW Used Defeat Devices in Diesel Engines, UK High Court Rules

A court in the United Kingdom ruled that Volkswagen AG used a so-called defeat device to help its diesel vehicles beat emissions tests, a decision that allows 91,000 customers to proceed with a class action against the carmaker.

April 6, 2020
Business, Technology, Equipment, Fuel

Options Expand for Trailer Aerodynamics

Many trucking companies add various aerodynamic systems to their trailers to boost fuel economy, but how much fuel can these products truly save in real-world operating conditions?

April 6, 2020
Government, Business, Fuel

Oil Soars After Trump Says Saudis and Russia Will Cut Production

Oil soared after President Trump said that he expects Saudi Arabia and Russia to cut output back by 10 million barrels or more after he spoke with Crown Prince Mohammed Bin Salman.

April 2, 2020
Government, Business, Fuel

Oil Tanks at Vital Africa Hub Almost Full as Crude Floods Market

Oil tanks at one of the world’s largest storage hubs on Africa’s southern tip already are almost full, limiting traders’ options as a historic flood of crude hits the market.

April 2, 2020
Government, Business, Fuel

Trump: World’s Biggest Oil Producers to Meet on Market Crash

President Donald Trump said the U.S. would meet with Saudi Arabia and Russia with the goal of stanching a historic plunge in oil prices.

April 1, 2020
Business, Fuel

Trucking Demand Throws a Lifeline to Ailing Refineries

With jets grounded and cars parked, diesel fuel for trucking is giving some relief to refiners as the coronavirus spread cuts deep into demand.

March 31, 2020