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OPEC Data Shows Oil-Cut Laggards Still Exceeding Limits

Key OPEC+ nations Iraq, Kazakhstan and Russia continue to pump above output limits intended to shore up global oil prices, the group’s data showed.

July 10, 2024

Kroger, Albertsons Unveil Stores to Be Divested Before Trial

Kroger Co. released the full list of stores, distribution centers and plants it plans to divest to secure regulatory approval for the proposed merger with Albertsons Cos.

July 9, 2024

Hexagon Agility and Brudeli Green Mobility to Deliver NZEVs

LAS VEGAS — Hexagon Agility and Brudeli announced a collaboration and unveiled the Brudeli Powerhybrid, the first near-zero-emission vehicle that complies with California’s ACT and ACF rules.

July 12, 2024

Entek Poised to Get $1.2 Billion US Loan

The Biden administration is poised to lend $1.2 billion to Entek Lithium Separators to help expand the U.S. supply chain for lithium-ion batteries used in electric vehicles.

July 9, 2024

Diesel Price Rises 5.2¢ to $3.865

The national average diesel price rose 5.2 cents to $3.865 in its fourth consecutive increase, according to Energy Information Administration data released July 8.

July 8, 2024

Canadian Border Agency Staff Ratifies Labor Agreement

Unionized Canadian border agency staff members have ratified a tentative collective bargaining agreement.

July 8, 2024

TSMC Hits $1 Trillion in Market Value on Relentless AI Rally

Taiwan Semiconductor Manufacturing Co. briefly surpassed $1 trillion in market capitalization after Morgan Stanley joined a list of brokers boosting price targets on the chipmaker.

July 8, 2024

Devon to Buy Williston Basin Oil Assets in $5 Billion Deal

Devon Energy Corp. agreed to acquire the Williston Basin business of Grayson Mill Energy for $5 billion as consolidation continues in the U.S. oil patch.

July 8, 2024

Maersk Warns of Shipping Delays Due to Extreme Weather

A.P. Moller-Maersk A/S warned extreme weather conditions and a storm surge lashing the South African coast are expected to cause shipping delays.

July 8, 2024

Idaho Offers Alerts to Carriers of Driver Record Changes

The Idaho Transportation Department is offering motor carriers an online service that issues alerts about driving license changes, such as expiration dates for CDLs.

July 3, 2024