Archives for September 2018
Texas shale could replace Iranian exports in Asian markets
Falling Iranian oil exports from U.S. sanctions open the door for U.S. oil and gas producers to fill a void in Asia for a niche oil market. Source: FuelFix
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New review shows oil and gas debt at lowest levels since late-2014
A new review by the Department of Energy shows that debt levels in the energy industry are at their lowest levels since the third quarter of 2014. Source: FuelFix
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Oil near week's high as supply data tempers Saudi view on prices
Brent oil held near the highest level in a week as investors weighed a potential gain in U.S. crude stockpiles against Saudi Arabia’s comfort with prices rising above $80 a barrel. Source: FuelFix
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U.S. gas still a no-go for Chinese buyers despite weaker tariff
Chinese buyers will seek to avoid purchasing U.S. liquefied natural gas as long as any tariffs are in place because of the risk that duties may rise further and possibly without warning. , Source: FuelFix
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JPMorgan faces $6 million bribe allegation from Libyan oil fund
The Libyan Investment Authority sued JPMorgan Chase & Co. in London, saying the lender paid more than $6 million in bribes to secure a $200 million bond deal. Source: FuelFix
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