Archives for 2018
Oil shrugs at revival of U.S.-China trade talks to ease tensions
Signs of easing tensions between the world’s two largest economies have done little to lift oil as surging U.S. stockpiles offset potential gains in crude futures. Source: FuelFix
Click here 0 1,984
Has ethanol hit its peak?
With the U.S. Environmental Protection Agency now exempting smaller refineries from the federal mandate they blend ethanol into the fuel supply, farmers and ethanol producers are worried ethanol demand could be in decline. Source: FuelFix
Click here 0 1,949
Gulf lease sale generates $178 million
A federal lease sale in the Gulf of Mexico Wednesday generated $178 million in winning bids, raising expectations that drillers’ confidence in the region is rising. Source: FuelFix
Click here 0 2,047
TechnipFMC sues McDermott for trade secret theft
TechnipFMC is suing rival McDermott International and its new chief operating officer for the alleged theft of trade secrets that Samik Mukherjee brought with him when he switched companies. Source: FuelFix
Click here 0 2,164
U.S. oil inventories jump, crude prices fall
U.S. crude oil inventories grew by 6.8 million barrels in the week ending Aug. 10 even as refineries consumed 18 million barrels of oil a day. Source: FuelFix
Click here 0 1,939
