Oil markets

Ben Thrower writes about recent changes in Mexico’s oil policies and how they may harm the country.

Today on FreightWaves NOW, we discuss the promise of the Mexico tariffs from a volume, rate, and oil perspective.

Shale oil rig count on decline since November last year; price of renewable hydrogen fuel decreases; Apple lays off 190 employees of its self-driving car program; Europe looking to create standard regulations for hyperloop infrastructure across the continent.

An overview of what’s happening in the global markets right now.

Will the combination of oil prices, refinery cracks and scrubber economics result in easing of fears of tight supplies? Two reports chime in.

Oil anxieties across the Middle East are ratcheting up. Waymo racks up 10 million test miles ahead of launching its robotaxi business. The US threatens to act over China’s online cost advantage on postal fees.

Oil prices fell by 6% yesterday after Libya’s National Oil Corporation announced the reopening of oil ports and recommencing the production of 700,000 barrels per day.

According to SONAR data, the real-time national average for diesel truck stop actual price per gallon has risen to $3.15.

Energy and financial markets economist joins the FreightWaves data-science team.