Archives for May 2018
Low air fares signal summer bargains despite pricier oil
The price of jet fuel is surging, but so far the airline industry has been so competitive that carriers haven’t been able to pass on much of the cost to consumers. That means investors are...
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Westlake Chemical debuts on Fortune 500 list
Westlake Chemical made the Fortune 500 list for the first time Monday about a year and a half after its acquisition of rival Axiall. Source: FuelFix
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Oil rises as world grapples with Venezuelan crude output risks
Crude rose as the International Energy Agency opened discussions with major oil-producing nations about collapsing output from Venezuela, home to the world’s biggest petroleum reserves. Futures advanced as much as 1 percent in New York...
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BP signs LNG purchase deal with Venture Global
BP has signed a long-term agreement to purchased liquefied natural gas from Venture Global LNG once it opens its export facility in Calcasieu Pass, LA. Source: FuelFix
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Fuel prices move toward $3 a gallon
The national average for fuel prices is at its highest point since 2014 and is inching toward $3 per gallon as crude oil values rise. Source: FuelFix
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