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Crude futures rose in an up-and-down session, with U.S. tariff relief on electronic goods helping to push up prices. WTI settled up 3 cents at $61.53 a barrel, and Brent rose 0.2% to $64.88 a barrel.
Developers are creating ways to improve diesel emissions and fuel economy while also meeting alt-fuel equipment needs.
U.S. shale oil producers face their most serious crisis since the pandemic, as the oil price selloff triggered in part by President Trump's trade war has pushed some to the brink of failure.
President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil ...
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