Archives for June 2018
Global LNG trade rises alongside U.S. production
Global trade of liquefied natural gas saw record growth last year amid a boom in U.S. production that allowed Houston’s Cheniere Energy to ramp up exports to meet growing demand in Asia and elsewhere. Source:...
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Gas prices continue to fall in Houston
Gasoline prices in Houston and across the country continued to fall last week amid expectations that OPEC will ramp up crude oil production later this month. Source: FuelFix
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Oil slips on signs Russia boosted crude output before OPEC meets
Oil extended declines as Russia was said to increase output before it meets with OPEC, adding to signs that a global coalition of producers is unwinding a pact to restrain supply. Source: FuelFix
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Oil rig count rises slightly in Permian basin
Drilling activity increased slightly in the Permian Basin this week while the overall U.S. rig count remained steady. Source: FuelFix
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Natural gas exports up 8 percent in 1st quarter
Nationwide exports of natural gas are up 8 percent in the first quarter compared to a year earlier and 66 percent more compared to the same quarter in 2016, according to a recent report from...
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