LNG

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) continues to pursue Russian state-controlled Rosneft Oil Co. (OTCMKTS: RNFTF) and its overseas affiliates involved with international transactions of Venezuela oil. On Thursday, OFAC added TNK Trading International S.A. (TTI)...

Russia and Saudi Arabia clashed over the oil price, both trying to keep or increase their share in the market. The coronavirus outbreak was at least the official beginning of the conflict. As millions of people are in quarantine, and traveling is reduced to a minimum, oil has faced a sharp decrease...

Among all the chaos in markets these past days has been one that is of particular importance to the trucking industry – the price of oil and the price of diesel have collapsed. This may sound like nothing but a good thing for the trucking sector, but as are many things, it's complicated. Drilling...

Good day, The chaos is far from over for the oil markets, as prices continued to fall today after Saudi Arabia stated that Aramco, the country's state-owned oil company, will increase its maximum sustainable production capacity from 12 million to 13 million barrels per day (b/d). This announcement...

Good day, Since launching its Delo 600 ADF diesel oil in November 2019, Chevron Corporation (NYSE: CVX) has been promoting the oil's capability to improve diesel particulate filter performance (DPF) and extend the time between DPF cleanings. At the Technology & Maintenance Council's annual...

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It looks like a little comeback attempt is brewing on hopes of government stimulus, but investors could be excused for not getting too excited yet. Last week, two monster rallies got snuffed out the very next day. There’s no guarantee of that happening again, but this is a skittish, nervous...

Energy logistics providers USD Partners (NYSE: USDP) and Gibson Energy (TSX: GEI) expect construction of a diluent recovery unit (DRU) to begin next month at the Hardisty Terminal in Alberta, Canada. The unit will enable freight trains to transport a type of heavy crude oil from Alberta to the U.S...

There’s an old saying that the market climbs the stairs and jumps out of the window. Clearly today was a “window” day. With last year’s trade war, people had dates they could watch with pre-set deadlines that would show progress or lack of progress. There’s no “...

Zach Strickland examines a surge in truckload volumes before diving into the Ontario, CA market in the Carrier Update presented by PowerFleet, Donny Gilbert uses the weighted rejection index to showcase market shifts in the Broker Update, and Mike Baudendistel discusses the impacts of the oil price...

Oil markets are plummeting as the business week opens, and it's instructive to look at past Saudi-led price wars to see where prices may be heading.  After the collapse last week of the talks between OPEC and a non-OPEC group led by Russia, Saudi Arabia let the world know it was planning on...

Zach Strickland examines a rise in US outbound tender volumes before highlighting several of the nation's largest markets in the Carrier Update presented by PowerFleet, Donny Gilbert discusses the importance of utilizing historical data in SONAR in the Broker Update, and John Kingston discusses the...

In this episode, Zach Strickland looks at maritime import shipments in the Los Angeles, CA market, Luke Falasca discusses growth in the Spokane, WA market, and John Kingston returns for an oil update. Image Sourced from Pixabay

Cummins officials announced the company's B6.7N natural gas engine has now been certified as meeting 0.02 NOx (nitrites of oxide) emissions levels, giving the company another natural gas engine that meets near-zero emissions requirements. "This is a big deal for us," said Tom Hodek, director of...

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