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TA Reports Net Loss, Revenue Dip in Q1

TravelCenters of America reported a net loss and lower revenue in the first quarter as operations were limited by the novel coronavirus pandemic and unseasonably mild weather.

May 5, 2020

Tesla Delays First Deliveries of Electric Semi to 2021

Tesla Inc. pushed back first deliveries of its Semi commercial tractor into next year, making the truck two years behind its original schedule.

May 5, 2020

Average Price of Diesel Falls Another 3.8¢ to $2.399 a Gallon

The national average price of diesel fuel continued its steady slide, falling 3.8 cents to $2.399 a gallon, the Energy Information Administration reported May 4.

May 4, 2020

Stocks Gain as Oil Extends Rally for Fourth Day

U.S. stocks kicked off the week on a positive note, rallying late in the session to close higher as crude oil gained for a fourth consecutive day.

May 4, 2020

Oil Spread Tightens After Report Shows US Tanks Filling Slower

Oil reversed losses as the pace of stockpile builds at the key U.S. storage hub slowed last week.

May 4, 2020

Exxon Profits Drop as Most of World Stays °®¶¹´«Ã½

NEW YORK — Profits fell at ExxonMobil as the global pandemic began to erode oil demand.

May 1, 2020

VW’s Diesel Woes Mount as EU Court Adviser Attacks Defeat Device

Volkswagen AG’s use of technology that helped it to cheat on diesel engine pollution tests violated European Union rules, an EU legal adviser warned in the second setback for the automaker at the bloc’s highest court this month.

April 30, 2020

Oil Climbs on Biggest Jump in US Gasoline Demand in 11 Months

Oil rallied on optimism that consumption could gradually return as major producers continue to cut output to counter a global glut.

April 29, 2020

Electric-Vehicle Charging Startup Amply Power Secures $13.2 Million

Startup Amply Power has raised $13.2 million from investors including Soros Fund Management to advance the company’s electric-vehicle charging service for commercial fleets.

April 28, 2020

Oil Swings After Major Index Bails Out of June Contract

Oil resumed losses after a brief bounce higher amid the aftershocks of a major index tracked by billions of dollars in funds exiting near-term contracts for fear prices may turn negative again.

April 28, 2020