Oil price
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Today's Pickup
Today’s Pickup: The oil market is taking a whipping from Saudi Arabia’s wrath
Aramco increases maximum sustainable production capacity; air freight rates soar as manufacturing resumes in China; Americans order food via contactless delivery methods.
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AskWaves
How are diesel prices determined?
Diesel prices, like all commodities, are priced based in real-time based on the balance of supply and demand. Before we dive into how diesel prices…
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News
Today’s Pickup: Stricter USMCA regulations might increase auto prices in the U.S.
USMCA will cost automakers $3 billion in added tariffs; Chinese EV sales plunge; U.S. holiday season will see over $1 trillion in sales.
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Fuel
How trucking can mitigate risks of IMO 2020 marine fuel rule
IMO 2020 is will increase demand for distillates and put upward pressure on diesel. How should truckers prepare?
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Today's Pickup
Today’s Pickup: oil prices volatile over Iran crisis and trade tariffs
Good day, Oil prices fell by around 2.5 percent at the start of this week, largely due to President Trump tariff threats against China. However,…
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News
Today’s Pickup: France is banning electric scooters on the street pavement
France is banning electric scooters from riding on the pavement; U.S. oil rig count has fell since the end of 2018; self-driving vehicle companies are…
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Energy
FreightWaves oil report: “infected” oil, IMO2020 and the fall of the Trump tweet
Problems with some U.S. crude oil exports, more concerns for the IMO2020 switch, and the lessening impact of Donald Trump’s oil tweets.
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Economics
The outlook of one energy economist for IMO2020: chaos in the diesel market
Stepping into the system is expected by this economist to be Donald Trump, using emergency powers to halt exports of diesel fuel
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News
Today’s Pickup: proposed bill could put more electric scooters on Massachusetts streets
Proposed bill would exempt electric scooters from requiring brake lights and turn signals; oil prices drop 1 percent over U.S.-China trade talks; CES2019 is showcasing…
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Economics
American shippers and carriers react to signs of economic slowdown
The first week of 2019 saw three of America’s largest companies announce revenue expectation reductions, signaling a potential cooling of the U.S. shipping market.
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