Archives for September 2018
Russia oil production jumps to new post-Soviet record
Russia’s crude production has jumped to a new post-Soviet record, boosting the nation’s budget revenue as it prepares for talks with OPEC+ on further cooperation, according to a government official. Source: FuelFix
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Energy insecurity a problem for one-third of U.S. households
Nearly one-third of U.S. households face energy insecurity at least once a year because they can’t afford to pay their bills or even turn on their heat or air conditioning. Millions more must choose between...
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Oil extends gains as shrinking U.S. stockpiles signal tightness
Oil extended gains from a two-month high on concerns over market tightness after U.S. crude inventories fell for a fifth week at a time sanctions on Iran threaten supplies. Source: FuelFix
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Crude stockpiles dip helps push U.S. oil above $70
The nation’s stockpile of commercial crude oil took a larger-than-predicted dip, falling by 2.1 million barrels last week, the U.S. Energy Department said Wednesday. Source: FuelFix
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China tariffs could impede U.S. LNG exports
China plans to impose a 10 percent tariff on U.S. liquefied natural gas as part of an escalating trade battle between the two countries, hindering export opportunities for a emerging industry that is growing rapidly...
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