Archives for February 2018
Shale surge? No problem, says OPEC
Surging output of U.S. shale oil won’t be a “huge distorter” of efforts by global crude producers to clear a glut, according to OPEC’s president. Source: FuelFix
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More Andrews Kurth energy lawyers march over to Haynes and Boone
Dallas-based Haynes and Boone is expanding its energy practice and taping the talent at Andrews Kurth Kenyon. Source: FuelFix
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Gasoline prices fall for first time this year
The cost of gasoline in Houston and elsewhere fell alongside crude oil prices last week for the first time this year amid reports of higher production and inventories. Source: FuelFix
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U.S. rig count spikes alongside higher oil prices
West Texas’ Permian Basin added 10 drilling rigs last week, driving an overall spike in the nation’s rig count as oil prices hovered near $65 a barrel. Source: FuelFix
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Crude back below $60 a barrel
Crude dropped below $60 a barrel for the first time this year as the worst collapse in equities in years compounded concern that unprecedented supply growth from U.S. oil fields will overwhelm demand Source: FuelFix
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