In 2020, five countries accounted for about 50% of the world’s total crude oil production
Aramco increases maximum sustainable production capacity; air freight rates soar as manufacturing resumes in China; Americans order food via contactless delivery methods.
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 are generated, we should discuss the two most important factors in what prices consumers will see at the pump: retail and wholesale.
USMCA will cost automakers $3 billion in added tariffs; Chinese EV sales plunge; U.S. holiday season will see over $1 trillion in sales.
IMO 2020 is will increase demand for distillates and put upward pressure on diesel. How should truckers prepare?
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, the U.S. sending out warships […]
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 pushing towards favorable government regulations for commercial deployment.
Problems with some U.S. crude oil exports, more concerns for the IMO2020 switch, and the lessening impact of Donald Trump’s oil tweets.
Stepping into the system is expected by this economist to be Donald Trump, using emergency powers to halt exports of diesel fuel
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 the future of transportation.
