Archives for November 2018
Chevron announces first oil from Big Foot deepwater project in Gulf of Mexico
Chevron announced that its Big Foot deepwater project in the American water of the Gulf of Mexico has started crude oil and natural gas production. Source: FuelFix
Click here 0 1,821
Rig count falls in week that oil prices take another beating
The number of operating drilling rigs in the country fell during a short week in which oil prices continued to take a beating. Source: FuelFix
Click here 0 1,844
Oil industry gets mixed inventory numbers ahead of Thanksgiving
Facing the lowest commodity prices in a year, crude inventories are up but gasoline while refined product inventories are down. Source: FuelFix
Click here 0 1,860
Oil rebounds from one-year low as U.S. crude stockpiles drop
Oil recovered from a one-year low as industry data showing a drop in U.S. crude inventories allayed some of the concern that a new surplus is amassing in global markets. Source: FuelFix
Click here 0 1,860
Saudi oil production surges to record in early November
Saudi Arabian oil production surged to a record near 11 million barrels a day this month after the kingdom received stronger-than-usual demand from clients preparing for a disruption in Iranian supplies, according to industry executives...
Click here 0 1,856
