Archives for December 2018
Oil prices rebound some after crude inventories decline
Crude oil prices began rebounding a little on Wednesday morning with new federal data showing that the nation’s stockpile of petroleum supplies unexpectedly declined from the week prior. Source: FuelFix
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Saudi budget estimate for oil seen as 'wishful thinking'
Some analysts say Saudi Arabia’s 2019 revenue forecast is surprising because they estimate it to be based on a relatively high price of oil. Source: FuelFix
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Oil near 15-month low on signs of surplus and economic concerns
Oil traded near its lowest closing level in 15 months as fears over slowing global economic growth compounded concerns that the market faces a supply glut in 2019. Source: FuelFix
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Port Arthur LNG signs 20-year supply deal with Poland
Sempra Energy-owned Port Arthur LNG has signed a 20-year supply deal with Poland’s state-owned natural gas company. Source: FuelFix
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Permian’s growth spurt at risk of being stunted by oil collapse
The U.S.’s biggest oil field may be about to pump the brakes if crude keeps plunging. Source: FuelFix
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