Archives for December 2018
Exxon Mobil exploration halted after Venezuela confrontation
Exxon Mobil’s exploration efforts offshore of Guyana were abruptly halted when a vessel was confronted by the Venezuelan navy. Source: FuelFix
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Houston fuel average falls below $2 as crude oil continues to dip
The Greater Houston area heads into Christmas week with fuel prices below $2 a gallon for the first time in more than two years. Source: FuelFix
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Oil gets no relief from OPEC's hints output curbs could deepen
Oil extended declines as worries over rising U.S. supplies and the global economy overshadowed signals from OPEC that it may extend or even deepen its pledged output curbs. Source: FuelFix
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Crude spirals to 17-month low amid global economic concerns
Crude dropped to the lowest since July 2017 as concerns over a weaker global economy and turbulence in Washington overshadowed signals from OPEC that it may deepen output cuts. Source: FuelFix
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Sanchez Energy gets delisting warning from New York Stock Exchange
The New York Stock Exchange has issued a warning to Houston-based Sanchez Energy to improve its financial performance or face getting delisted. Source: FuelFix
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