Oil Falls as Focus Returns to OPEC After Trump Election Surprise
Oil fell as the market’s focus shifted from the shock of Donald Trump’s U.S. presidential election victory to questions about OPEC’s ability to rebalance crude supply and demand.
November 10, 2016Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Oil Losses Ease as Market Turmoil Abates After Trump Victory
Oil losses eased as global markets weighed the implications of Republican Donald Trump’s election as the 45th U.S. president.
November 9, 2016TravelCenters Reports Third-Quarter Income Rose, Launch of Commercial Tire Network
TravelCenters of America reported third-quarter income rose as revenue dipped amid gains in fuel volume, fuel gross margin, nonfuel gross margin and continued improvements in site level operating expense controls, it said.
November 8, 2016Diesel Dips 0.9¢ to $2.470 a Gallon
The U.S. average retail price of diesel dipped 0.9 cent to $2.470 a gallon, according to the Department of Energy.
November 7, 2016What Happens When the Most Important Pipeline in the US Explodes?
On Oct. 31, a construction crew in Alabama triggered a massive explosion when a track-hoe struck the biggest fuel pipeline in the United States.
November 3, 2016World’s Second-Biggest Oil Company Thinks Demand May Peak in Five Years
Royal Dutch Shell, the world’s second-biggest oil company by market value, thinks demand for oil could peak in as little as five years.
November 2, 2016Oil Traders May Find Profit at Sea Again as Prices Sink
As crude prices continue to get dragged down by a global glut that shows no signs of abating, oil traders may find some profit by going to sea.
November 2, 2016San Diego's Municipal Fleet Switches to Renewable Diesel
Joining a growing list of cities in California, San Diego announced Oct. 27 that its municipal vehicle fleet will become the largest in the nation to embrace renewable diesel — from street sweepers to refuse packers to fire trucks.
November 1, 2016Diesel Inches Up 0.1¢ to $2.479
The U.S. average retail price of diesel rose 0.1 cent to $2.479 a gallon, according to the Department of Energy, as crude prices continued their weeklong retreat below $50.
October 31, 2016DOT Seeking Applicants for FASTLANE Grants
The U.S. Department of Transportation is seeking applicants for FASTLANE grants worth a total of $850 million for freight and highway projects, the department announced on Oct. 28.
October 31, 2016