Archives for October 2018
U.S. business group warns on 'scorched earth' Russia sanctions
Proposals now under consideration in Congress to expand U.S. sanctions on Russia’s big state banks could cause major turmoil for global energy supplies, an American business group warns. Source: FuelFix
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US trade balance of fuel shifts from imports to exports
The trade gap for energy products in the United States has narrowed over the past decade as the nation has shifted from importing oil and other fuels to exporting fuels to other countries. Source: FuelFix
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Trade war expected to curtail U.S plastics exports to China
U.S. plastics shipments to China are expected to slide next year amid an escalating trade battle between the two countries, curtailing export opportunities for Gulf Coast petrochemicals producers. Source: FuelFix
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SandPoint Resources gets equity commitment
SandPoint Resources, a privately-held independent oil and gas company based in San Antonio, received an equity commitment from Carnelian Energy Capital II, a fund managed by Houston-based Carnelian Energy Capital Management, an energy investment firm....
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Oil slips before supply data while U.S.-Saudi tension simmers
Oil retreated before weekly U.S. inventory data even as the disappearance of a critic of the Saudi Arabian regime threatened to spark a diplomatic crisis. Source: FuelFix
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