Oil steadied near $56 a barrel as hints of a trade detente between the U.S. and China, along with the prospect of monetary stimulus, buoyed financial markets.

Dex Heavy Duty Parts, a Volvo Group subsidiary and supplier of recycled, renovated and surplus medium- and heavy-duty truck parts, announced the opening of its facility in Oklahoma City.

The U.S. average retail price of diesel dropped 1.7 cents to $2.994 a gallon, the Department of Energy reported Aug.19.

The ascent of the dollar is proving almost unstoppable. While U.S. President Donald Trump lamented its strength on Twitter, the greenback continued to surge Aug. 19, taking a Bloomberg index of the U.S. currency to its highest level of 2019.

Lippert Components Inc. announced its latest Somnum Sleeper Series mattress for the heavy-truck market.