Archives for September 2018
Mexico's next president says historic oil auctions will continue
Mexico’s next president said he will continue with oil auctions in the first signs that he is backtracking on plans to scale back the country’s historic 2014 energy reforms. Source: FuelFix
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Oil set for weekly loss as emerging-market contagion fears grow
Oil is poised for the biggest weekly decline since mid-July as a rout in emerging markets raises contagion fears. Source: FuelFix
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In response to Trump, Saudis ramp up oil exports into the U.S.
Saudi oil shipments into the U.S. reached a four-week average of one million barrels a day last week for the first time since late 2017, according to government data, and are up roughly 250,000 barrels...
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Crude inventories continue to fall, while gasoline stocks grow
U.S. crude oil inventories continued to fall at the end of August while oil prices remained little changed in the high-$60s. Source: FuelFix
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Texas grid operator says power generation will meet demand this fall
After a summer of record-breaking electricity use that stretched supplies in Texas, the state’s grid operator says it will have enough power to meet demand this fall. Source: FuelFix
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