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Oil Declines as OPEC’s Supply Is Seen at Highest Level This Year

Oil declined after tanker-tracker Petro-Logistics SA said OPEC’s supply in July will be the highest this year.

July 21, 2017

Diesel Rises 1¢ to $2.491; Gasoline Drops 1.9¢ to $2.278

The U.S. average diesel price rose 1 cent to $2.491, the Department of Energy said July 17.

July 20, 2017

Oil Steadies Amid Mixed Signals on US Crude Inventories

Oil was steady amid mixed signals on U.S. crude inventories, with industry data showing supplies increased last week while government statistics were expected to show a decline.

July 19, 2017

Shell Mulls LNG-Hub Network as Use by Trucks Expands

Royal Dutch Shell, the oil company that spent more than $50 billion to buy natural-gas producer BG Group, is looking to expand demand for the fuel in transport to ensure its output is consumed.

July 11, 2017

Oil Posts Weekly Decline as US Drillers Resume Expansion

Oil prices declined for the week of July 3, as expanded U.S. drilling activity and added production offset a larger-than-expected drop in stockpiles.

July 7, 2017

Diesel Rises 0.7¢ to $2.472; Crude Prices Settle at About $45

The U.S. average retail price of diesel rose 0.7 cent to $2.472 as U.S. oil drilling declined and crude prices rebounded to clear $47 a barrel before retreating to about $45, experts said.

July 6, 2017

Volvo Touts New Piston Design That Helps Enhance Fuel Efficiency

A new design in engine pistons is increasing fuel efficiency and reducing particulate matter in Volvo Trucks North America’s heavy-duty D11 and D13 engines.

June 29, 2017

Gas Prices See Record Lows Just in Time for Holiday Weekend

National gasoline prices are hovering at an all-time low for the year at $2.26 per gallon — the lowest they’ve been since February, according to auto club AAA.

June 27, 2017

Diesel Drops 3.5¢ to $2.489 for Year’s Low

The U.S. average retail price of diesel dropped 3.5 cents to $2.489 a gallon, while the stubborn glut of crude caused oil prices to tumble to about $43 a barrel — a range last seen in early August — and into a bear market, experts said.

June 23, 2017

EFS Launches Its Largest Discount Fuel Network

Payment solutions provider EFS launched its largest fleet savings network to give smaller over-the-road fleets a competitive edge.

June 26, 2017