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Hydrogen Cars a Step Closer in Sydney After Hyundai Supply Deal

Hydrogen-powered vehicles could soon be more common on the streets of Australia’s biggest city after Hyundai Motor Co. reached a supply deal for the zero-emission fuel with local producers.

August 10, 2020

Average Price of Diesel Continues to Linger in $2.40s

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

August 3, 2020

Oil Rises With Signs of Economic Recovery Buoying Demand

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.

August 3, 2020

Noble Corp. Files Bankruptcy to Erase $3.4 Billion of Debt

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

July 31, 2020

EPA’s National NOx Proposal Headed for Another Delay

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.

July 30, 2020

US Energy Use Hit 30-Year Low in Pandemic Shutdowns

BILLINGS, Mont. — U.S. energy consumption plummeted to its lowest level in more than 30 years this spring as the nation’s economy largely shut down because of the coronavirus, federal officials reported July 29.

July 29, 2020

Oil Clings to Gains After US Supplies Shrink by Most This Year

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

July 29, 2020

Gasoline’s Demand Rebound Fades at Height of US Driving Season

A sharp rebound in gasoline consumption that helped to drive oil prices higher appears to be running out of steam, a development that should be a cause for concern across the petroleum industry.

July 28, 2020

Diesel Dips for Second Consecutive Week

Diesel fell for the second consecutive week, by six-tenths of a cent to $2.427 a gallon from $2.433, the Energy Information Administration reported July 27.

July 27, 2020