National Average Price for Regular Unleaded Current: $4.593; Month Ago: $4.114; Year Ago: $3.043. National Average Price for Diesel Current: $5.570; Month Ago: $5.056; Year Ago: $3.175.

With sales down 20% and layoffs hitting 6% of its workforce, Beyond Meat is acknowledging that its moment in the plant-based spotlight has faded — at least for now. The company, which is cutting about 44 jobs, says it needs “a fundamental reset for our brand and category,” according to president and CEO Ethan Brown. To lead that reset, Beyond has tapped John Boken of consulting firm AlixPartners as interim chief transformation officer. It’s also leaning into a shorter name — “Beyond” — in a bid to shed some of the baggage around meat imitation. “We believe it provides for reduced emphasis on facsimile,” Brown told investors on a webcast, referring to the “complicated frame” of animal protein replication. He said the streamlined name could also help “widen our aperture beyond animal protein replicates” and into broader consumer protein needs.

Global demand for oil is likely to moderate this year, as the price of crude nears $80 a barrel and many key importing nations no longer offer consumers generous fuel subsidies, the International Energy Agency said on Wednesday. Oil has risen 51 percent in the last year, driven by coordinated supply cuts and, this month, by concern over Iranian supply after the United States said it would reimpose sanctions on Tehran over its nuclear activities. Click Read More below for additional information.