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Love鈥檚 Opens New Locations in Montana and New Mexico

Love鈥檚 Travel Stops opened new locations in Laurel, Mont., and Albuquerque, N.M., the company announced April 2.

April 7, 2026

US Shale Drillers Expected to Lift Crude Output

The 68% surge in crude prices since the Iran war began roughly five weeks ago is incentive enough to compel American oil executives to ramp up output.

April 7, 2026

Shipping Constraints Mount as US Crude Exports Test Limits

Constraints in infrastructure and supply are likely to keep U.S. oil flows well below headline capacity figures often cited at around 10 million barrels a day.

April 7, 2026

Oil Prices Rise Ahead of Trump's Deadline to Reopen Hormuz

The price for a barrel of benchmark U.S. crude climbed 3.9% to $116.83. Brent crude, the international standard, added 0.7% to $110.55.

April 7, 2026

Countdown to ACT 2026 Ticks Below a Month

FedEx Freight incoming CEO John Smith will deliver the opening keynote in Las Vegas on May 4, weeks before the unit spins off from FedEx on June 1.

April 6, 2026

Trump Links Iran Deal to Free Passage Through Hormuz

President Trump said April 6 that reopening the strait was 鈥渁 very big priority,鈥 despite also saying in recent weeks that it wasn鈥檛 among the core objectives.

April 6, 2026

Global Buyers Turn to US Oil After Hormuz Disruptions

Freight costs for very large crude carriers have surged. That鈥檚 creating a drag on export economics even as dock and pipeline capacities remain available.

April 6, 2026

OPEC+ Makes Symbolic Oil Hike, Sees Long Supply Hit From War

Key producers led by Saudi Arabia and Russia agreed to increase targets for May by about 206,000 barrels a day.

April 6, 2026

Hormuz Traffic Rises to Highest in Weeks

The strait saw 21 ships transit over the weekend as more governments negotiate to extract vessels, strengthening Tehran鈥檚 grip on the waterway.

April 6, 2026