Archives for April 2017
U.S. oil companies hiked capital spending late last year
U.S. oil companies hiked capital spending the most in half a decade after OPEC’s oil deal late last year, the Energy Department said Monday. These producers raised oil field investments and other outlays by a...
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Market Currents: Total US oil and product inventories ticking lower
WTI and Brent crude start Q2 in fifty dollardom, as the market continues to grapple with market rebalancing and OPEC compliance. As the market awaits signs of a tightening market, hark, here are five things to...
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Cheniere Energy exports 100th LNG cargo
Cheniere Energy said Monday it exported its 100th cargo of liquefied natural gas, even as the Houston company remains the nation’s sole exporter of LNG. Cheniere recently completely and began operating a third LNG liquefaction unit...
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Fuel prices jump from last week; more coming
Fuel prices rose more than 5 cents a gallon in the past week, finally triggering a seasonal jump in gasoline costs that was delayed because of cheaper oil prices in much of March. Houston-area prices...
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