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Oil prices have stabilized on the back of steady demand, the International Energy Agency said in its monthly outlook released April 14.

U.S. crude oil production is expected to fall more this year and in 2017 than had been expected, and that should lead to a slow rise in crude oil and retail diesel and gasoline prices, the Department of Energy said in its latest Short-Term Energy Outlook released April 12.

With more regulations on greenhouse-gas emissions and fuel economy coming soon, smaller engines are one of the latest equipment trends, according to one of the cover stories in this issue of Equipment & Maintenance Update.

Maryland-based Ramar Moving Systems hauls specialty items such as art, satellites and, once, a moon buggy.

Americans driving on their summer vacations will enjoy the cheapest gasoline in 12 years as prices stall just above $2 a gallon.

Autogas technology provider CleanFUEL USA said April 5 it filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Western District of Texas as it seeks the restructure of its debts.

Oil traded near a four-month high in London, swinging between gains and losses as Iraq said it raised output to a record in March while U.S. production fell.

The U.S. average retail diesel price rose by about a penny, as it continued the small fluctuations that have lifted it by 0.7 cent over the past three weeks.

General Electric Co. could become one of the top players in the oil services and equipment industry if it decides to bid for Baker Hughes Inc.

The U.S. average retail diesel price declined for the first time since late February, the Department of Energy said April 4.