U.S. Bank said the slowdown in volume was driven by a significant contraction in the West region.

Oil majors are expected to break their own annual records on high prices and soaring demand, pushing their combined take to near $200 billion.

Environmentalists have blamed the fuel — along with other factors like crop burning, construction dust and vehicle emissions — for the country’s toxic air that reaches alarming proportions every winter.  

The EU will still get more than a quarter of its diesel imports — around 612,000 barrels a day — from Russia even in January.

The U.K. is the only major rich economy that remains smaller — poorer — than prior to the pandemic and Brexit may be a factor.

Freight carriers are seeing the impact, as the number of big and bulky shipments declines and retail customers continue to pare inventories and push back restocking.

While inflation accounted for much of the rise in holiday spending, the data shows a steady uptick in transactions, with many consumers buying goods and services via mobile devices.

The agreement is a result of the Biden administration’s effort to widen export controls on companies with critical technologies.

The winner in the shake-up appears to be refiners in Asia, who are seeing shipments from Canada surge to the highest in more than a year.

Ship-to-ship transfers are a routine part of oil trading and those that are taking place are doing so in full view of satellite tracking systems.