Archives for November 2018
Report: U.S. shale, global electrification lead energy growth
The world will increasingly depend on U.S. shale production to supply the needed crude oil to meet modest global demand growth, the International Energy Agency said in a new report. Source: FuelFix
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Chesapeake signs frac sand agreement with Hi-Crush
Chesapeake Energy has signed a long-term frac sand supply agreement with Hi-Crush Partners for Northern White sand. Source: FuelFix
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Gasoline prices drop another 7 cents in a week
Falling crude oil prices and a seasonal dip in fuel demand combined to push gasoline prices down another 7 cents in the Houston area last week. Source: FuelFix
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Oil pares bear-market collapse on prospect of OPEC curbs in 2019
Oil climbed after a record run of losses as Saudi Arabia said OPEC and its allies should rein in output, with the kingdom itself reducing shipments by about 500,000 barrels a day. Source: FuelFix
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In OPEC heartland, billions are spent to boost oil capacity
OPEC members may be weighing oil production cuts again, worried that a slowing global economy will undermine prices, but in the group’s Middle East heartland producers are spending billions to add output capacity for the...
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