Archives for December 2018
EPA rolls back carbon regulations on new coal plants
The EPA is rolling back restrictions on greenhouse gas emissions from new coal plants, the latest in a series of moves by the Trump administration to aid an ailing U.S. coal sector. Environmental Protection Agency...
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U.S. crude oil inventories decline for first time in 11 weeks
Concerns about a supply gut are being eased after U.S. commercial crude oil inventories have declined for the first time in 11 weeks. Source: FuelFix
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Saudis back modest OPEC+ oil cut, don't want to shock market
Saudi Arabia proposed a moderate oil-production cut from OPEC and its allies that would nudge the market back into balance, seeking to walk a fine line between preventing a surplus and appeasing U.S. President Donald...
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Oil falls as market fears OPEC+ output cuts not enough
Oil in London fell to near $59 a barrel as the market appeared to disagree with Saudi Arabia’s energy minister, who said output cuts of a million barrels a day from OPEC and its allies...
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Exxon Mobil could push Guyana past Mexico, Venezuela in oil output
The small South American nation of Guyana could become the continent’s second-largest oil producer thanks to the offshore discoveries made by Exxon Mobil, according to a new report. Source: FuelFix
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