Archives for November 2018
Oil falls to two-month low as U.S. supply surge allays Iran fear
Oil fell to the lowest in more than two months on signs of surging U.S. supply and speculation that American sanctions against Iran won’t succeed in reducing exports to zero. Source: FuelFix
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API report questions Perry's pipeline criticism
A new report by the American Petroleum Institute pushes back against claims by Energy Secretary Rick Perry that the U.S.natural gas pipelines network is especially vulnerable to cyber attack. Source: FuelFix
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Venezuelans face gasoline shortages amid refinery breakdowns
Cars, motorcycles and buses wrapped around Caracas’ gas stations earlier this week as oil production and refining becomes increasingly erratic in the former petro giant. Source: FuelFix
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Commentary: Expanding petrochemical manufacturing from new hub
Petrochemicals are projected to surpass the transportation sector as the largest driver of crude oil demand worldwide. Source: FuelFix
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