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Diesel fell for the third consecutive week, by three-tenths of a cent to $2.424 a gallon.

Oil rose the most in nearly two weeks as economic data from the U.S. to Europe and Asia signaled a flicker of life in languishing demand.

Fisker Inc. missed a self-imposed deadline for a technology-sharing deal with Volkswagen AG that the electric-vehicle startup had described as key to cutting costs.

Offshore drilling contractor Noble Corp. filed for bankruptcy with a plan to cut more than $3.4 billion of debt.

General Motors Co. is working with electric-vehicle charging operator EVgo Services to build a nationwide fast-charging infrastructure.

Oil is set to eke out a monthly gain, yet futures lost steam on July 31 amid threats that the market will soon become oversupplied.

Nikola Corp. founder and Executive Chairman Trevor Milton believes the hydrogen fuel cell technology that powers his company’s trucks can place Nikola at the forefront of global efforts to toughen clean-air rules while also providing a truck that meets the needs of commercial fleets.

There is mounting evidence that the U.S. Environmental Protection Agency’s low oxides of nitrogen proposed rule, already months behind schedule, will not be completed until after the November elections, according to trucking industry and environmental group sources.

Oil was propped up by the biggest decline in U.S. crude inventories this year, signaling a bright spot in a market weakened by COVID-19.