Archives for August 2018
Where to look in the oil market for clues of a demand slowdown
This is supposed to be a year of bumper oil demand, but economic warning signs are flashing across the developing nations that drive growth. Source: FuelFix
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Surge of drilling fluid preceded fatal Oklahoma rig explosion, say investigators
More than a hundred barrels of drilling fluid poured out of a natural gas well before it ignited and killed five people, a new report from the Chemical Safety and Hazard Investigation Board. Source: FuelFix
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Oil shrugs at revival of U.S.-China trade talks to ease tensions
Signs of easing tensions between the world’s two largest economies have done little to lift oil as surging U.S. stockpiles offset potential gains in crude futures. Source: FuelFix
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Has ethanol hit its peak?
With the U.S. Environmental Protection Agency now exempting smaller refineries from the federal mandate they blend ethanol into the fuel supply, farmers and ethanol producers are worried ethanol demand could be in decline. Source: FuelFix
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Gulf lease sale generates $178 million
A federal lease sale in the Gulf of Mexico Wednesday generated $178 million in winning bids, raising expectations that drillers’ confidence in the region is rising. Source: FuelFix
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