Latest Motor fuel markets News

FILE- In this April 29, 2020 file photo, a couple walks past a GNC store at the company's world headquarters in downtown Pittsburgh. The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Health and wellness company GNC Holdings has filed for Chapter 11 bankruptcy protection and is looking to close at least 800 to 1,200 stores. (AP Photo/Gene J. Puskar, File)

GNC files for Ch. 11 bankruptcy protection, Ugg in demand

Jun. 24, 2020 7:06 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global response, the work place and the spread of the virus. ________________________ TRAVEL: — U.S. gasoline consumption is more than halfway...

California lawsuit alleges 2 companies inflated gas prices

May. 4, 2020 5:47 PM EDT

SACRAMENTO, Calif. (AP) — California sued two multinational gasoline trading companies Monday, alleging they ran a scheme that jacked up prices at the pump from 2015 to late 2016. Democratic Attorney General Xavier Becerra said the companies took advantage of market volatility following a 2015 explosion at...