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E-Commerce Boom Offers Lifeline for Oil

Uncategorized > E-Commerce Boom Offers Lifeline for Oil

In a world ravaged by coronavirus, freight is again growing, in some areas rapidly. And that means diesel.

Look across the street from your home-office window: chances are you will see a delivery van.

Trucks from Amazon.com Inc. and other e-commerce companies have become ubiquitous during the pandemic. In much of the industrialized world, an ever-growing number of vans, trucks, trains, and ships are hauling everything from desks to smartphones as consumers turn to online shopping and companies restock their supply chains after months of disruption. Read more…

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