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  • Traders scramble for US storage as distillates demand disappoints

    Traders are rushing to fill up storage tanks along the U.S. East Coast with distillate fuels, like diesel and heating oil, data from storage broker The Tank Tiger showed on Monday, a sign of deepening oversupply that is weighing on refiners' profits. Largely warmer-than-expected winter weather in U.S. Northeast and Europe has cut distillates demand and hit refiners' margins across the globe in recent months, a factor that drove softer first-quarter earnings by oil majors and top independent...

  • Self-driving tractor-trailers heading for U.S. roads

    Pittsburgh — On a three-lane test track along the Monongahela River, an 18-wheel tractor-trailer rounded a curve. No one was on board.A quarter-mile ahead, the truck's sensors spotted a trash can blocking one lane and a tire in another. In less than a second, it signaled, moved into the unobstructed lane and rumbled past the obstacles. The self-driving semi, outfitted with 25 laser, radar and camera sensors, is owned by Pittsburgh-based Aurora Innovation Inc. Late this year, Aurora plans to...

  • U.S. Secretary of State Blinken Demands Hamas’ Surrender

    Eric Zuesse (blogs at https://theduran.com/author/eric-zuesse/) At a press conference in Beijing on Friday April 26th, U.S. Secretary of State Antony Blinken was asked “Students all across your country are coming out and expressing the outrage at what’s happening in Gaza. Are you taking on board those protests? What do you say to young people, young Americans, who […]