Archives for December 2018
Houston gasoline prices reach all-time low for 2018
Houston drivers will welcome in the New Year with gasoline prices 29 cents lower than a year ago as prices at the pump fell to their lowest levels seen in 2018. Source: FuelFix
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Oil set for first annual loss since 2015 after making sharp turn
Oil markets and outlooks made a sharp turn in 2018, quickly shifting from predictions of global shortages and $100-a-barrel crude to concerns about increasing supplies, weakening demand and another oil glut. Source: FuelFix
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U.S. added three oil and gas rigs last week, with one in Texas
The nation added three active oil and gas rigs last week, even though U.S. oil prices have slid to about $45 per barrel. Source: FuelFix
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Crude inventories drop slightly, market shrugs
Crude inventories were relatively unchanged last week. Source: FuelFix
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EV leadership key to countering Saudi oil weapon
Despite its assurances, the Saudi Arabia still is holding too many cards in the oil market. Source: FuelFix
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