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GE Creates $32 Billion Oil-Services Giant With Baker Hughes Deal
General Electric Co. is creating a $32 billion oil business by combining its petroleum-related operations with Baker Hughes Inc., betting on a rebound for an industry mired by a historic slump in crude...
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Diesel Rises 0.9¢ for Second Consecutive Gain
The U.S. average retail price of diesel rose 0.9 cent to $2.481 amid a record surge in refinery production of distillate fuel — which includes ultra-low-sulfur diesel — and a slow rebound in oil prices...
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