What dealers should know about today’s oil and gas market
Oil prices are being shaped by more than how much crude the U.S. produces. Rey “RT” Treviño III, an Oil and Gas Expert with Pecos Energy and host of The...
TSLA398.190-5.11%
GM87.4701.75%
F12.205-0.155%
RIVN11.7150.265%
CYD22.390-0.87%
HMC33.9600.07%
TM196.040-0.59%
CVNA69.3901.08%
PAG212.130-0.21%
LAD297.9600.89999%
AN177.9008.56%
GPI257.360-2.61001%
ABG195.440-3.83%
SAH62.360-1.25%
TSLA398.190-5.11%
GM87.4701.75%
F12.205-0.155%
RIVN11.7150.265%
CYD22.390-0.87%
HMC33.9600.07%
TM196.040-0.59%
CVNA69.3901.08%
PAG212.130-0.21%
LAD297.9600.89999%
AN177.9008.56%
GPI257.360-2.61001%
ABG195.440-3.83%
SAH62.360-1.25%
TSLA398.190-5.11%
GM87.4701.75%
F12.205-0.155%
RIVN11.7150.265%
CYD22.390-0.87%
HMC33.9600.07%
TM196.040-0.59%
CVNA69.3901.08%
PAG212.130-0.21%
LAD297.9600.89999%
AN177.9008.56%
GPI257.360-2.61001%
ABG195.440-3.83%
SAH62.360-1.25%
oil prices
Middle East conflict triggers oil and paint shortages at dealerships and repair shops
On the Dash
Nissan and Toyota have both issued dealer bulletins rationing 0W-20 and 5W-30 synthetic oil as Group III base oil supply runs roughly 44% below normal capacity.
An...
Gas prices jump as Iran halts talks with U.S., threatens to close Strait of Hormuz
On the Dash:
Iran suspended ceasefire talks with the U.S., citing ongoing Israeli military operations in Lebanon and Gaza.
Oil prices jumped more than 7% Monday, pushing the national gas...
Oil prices drop as U.S. reaches deal with Iran, pending Trump’s approval
On the Dash:
U.S. and Iran agreed to a 60-day ceasefire extension, pending Trump's approval.
The deal would reopen the Strait of Hormuz and lift some U.S. sanctions on Iran.
...
The great motor oil panic is mostly bs and drivers are paying the price
America is apparently running out of motor oil now. At least that’s the latest panic campaign making the rounds online and getting amplified by mainstream media headlines designed to make...
Trump says Iran ceasefire talks progressing as oil prices fall
On the Dash:
Falling oil prices could ease pressure on fuel costs and transportation expenses across the auto industry.
Reopening the Strait of Hormuz would reduce risks to global energy...
Gas prices skyrocketing: Here’s the actual reason
Gas prices aren’t confusing by accident, they’re confusing by design. Every time prices spike, the same narrative gets pushed: blame the station, blame “greedy oil companies,” blame anything visible and...
Auto retail holds firm as Kerrigan flags geopolitical pressure, policy resets and M&A surge
Automotive retail continues to show underlying strength despite geopolitical uncertainty, rising energy prices, and evolving federal policy, according to Kerrigan Advisors Managing Director Ryan Kerrigan.
During today’s episode of Inside Automotive,...
Ceasefire deal aims to stabilize oil markets and ease regional tensions
On the Dash:
The ceasefire temporarily halts the escalation of military conflict while tying peace efforts to the reopening of a critical global shipping route.
Energy markets reacted immediately, underscoring...
Oil Prices Expected to Rise to $60 in 2021 – What Does it Mean for the Auto Industry?
After hitting an all-time low earlier in 2020, crude oil prices are expected to rise to more normal levels in the first half of 2021. Bank of America says in...
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