Archives for August 2018
Oil slips as emerging-market fears escalate amid Turkey crisis
Oil fell as Turkey’s economic strife sparked an emerging-market sell-off, fueling fears of broader market turmoil. Source: FuelFix
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Gasoline prices fall; more declines could be coming
Gasoline prices fell in Houston over the past week and could fall further following crude oil, which has slid on worries about increasing supplies and global economic slowdown. Source: FuelFix
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Analysts: Only a matter of time before Venezuela loses Citgo
Financially crippled Venezuela likely will lose control of its Houston refining arm Citgo Petroleum once a slew of lawsuits eventually are resolved, and it’s just a matter of when and to whom, legal and energy...
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ConocoPhillips prepares for more Houston job cuts
Houston oil producer ConocoPhillips said it’s preparing for “modest” job cuts in Houston and throughout the United States during September to help keep costs down. Source: FuelFix
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Exxon Mobil joins Kinder Morgan on $2B Permian Highway Pipeline
Exxon Mobil is signing on as a major customer on Kinder Morgan’s planned, $2 billion Permian Highway Pipeline to carry natural gas from West Texas to the Houston region. Source: FuelFix
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