Post Tagged with: "fuel demand"

Source: Reuters

Oil prices rise on stimulus package, fuel demand sinks

Reuters


NEW YORK  – U.S. crude prices rose slightly on Wednesday, bolstered by progress on a massive pending U.S. economic stimulus package, but government data shows the coronavirus pandemic started to hurt U.S. fuel demand last week.

Demand for oil …

Fuel Demand Should Eventually Follow July’s Unusual, Record-High Truck Orders

Fuel Demand Should Eventually Follow July’s Unusual, Record-High Truck Orders

But here’s why they won’t affect capacity anytime soon

From CCJ

According to preliminary numbers from FTR, July orders for Class 8 trucks set a new monthly record, landing at 52,250 and pushing orders from the prior 12 months to …

August 10, 2018 - 2:07 pm Closing Bell Story‎, Energy News, Transportation