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Exports are estimated to have risen 4% from last year to 429 million tons, according to Kpler. The rise was largely driven by projects like LNG Canada and Plaquemines in the U.S. ramping up output.

Key members led by Saudi Arabia and Russia will hold a monthly video conference Jan. 4, and review a decision to halt further supply hikes in Q1 after rapidly reviving production earlier this year.

By Tesla’s count, analysts on average expect the company to deliver 422,850 cars in the fourth quarter, down 15% from a year earlier. 

New Jersey is paying $13 million to fund a near-term experiment testing the ability of hydrogen-powered drayage trucks to move cargo at the Port Newark Container Terminal.

Chevron has finished discharging a cargo from the vessel Searuby and is in the process of unloading ship Canopus Voyager, according to Bloomberg tanker tracking.

While fully electric cars and trucks made up 10% of all auto sales in the U.S. in the third quarter, another 15% of transactions were for hybrid vehicles, and analysts expect hybrid sales to continue accelerating. 

DHL Supply Chain expects to add multiple Tesla Semi tractors to its U.S. Class 8 fleet in the coming 12 months as part of long-term, companywide plans to decarbonize its fleet.

According to data from motor club AAA, the national average for unleaded gasoline has stayed below the $3 mark since Dec. 2, falling to its lowest level of about $2.85 a gallon on Dec. 22.

As tensions mount between Venezuela and the U.S., Chevron remains the only global oil company with access to Venezuela’s immense crude reserves — the largest known.

Joe DePinto, 63, was CEO for two decades and orchestrated its expansion through the acquisition of Speedway and Sunoco gasoline stations.