Light, sweet crude oil opened below $100 this morning, at $95.80, in trading on the New York Mercantile Exchange.
It closed Friday at $101.18.
Oil reached its 52-week high in July, selling at $147.35. Last Sept. 14, it was selling at $73.18, its 52-week low.
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At a media event last weekend in Gothenburg, Sweden, Volvo Penta officials said the company plans to expand its line of Seven Marine outboards to include models that could potentially range between 250 and 400 horsepower.
Atlanta-based OneWater Marine Holdings recognized 34 sales consultants for delivering 10 or more boats each in the month of May, contributing to a record-setting month for unit sales at the company.
The National Marine Manufacturers Association (NMMA) has issued a rare member alert regarding a new 167.7 percent tariff on alloy aluminum sheet imports from China.
Golden Boat Lifts, a manufacturer of post, elevator and freestanding boat lifts, has expanded its manufacturing space by 7,000 square feet.
The New York Senate and Assembly are considering legislation that would require all boat operators in the Empire State to complete a boating safety course within one year.
Seakeeper Inc. has opened its new office in Lavanga, Italy, the first European office for the company.
In its 31st year, the 2018 Houston Summer Boat Show, which took place June 13-17, reported a 12 percent boost in attendance over 2017.
Skeeter announced that its 2019 boats will come equipped with Humminbird electronics.
The U.S. government has approved funding needed for the Outdoor Recreational Satellite Account to study the economic impact of outdoor recreational in the coming year.