Archives for 2018
Trump winning over fastest growing oil market at Iran's Risk
One of Iran’s biggest oil customers is buying more U.S. crude as President Donald Trump sticks to his pledge to squeeze the Persian Gulf nation’s energy trade. Source: FuelFix
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Exxon seeks long-term deals for U.S. oil exports
Exxon Mobil Corp. is courting refiners with rare long-term U.S. crude export deals, according to people familiar with the matter, as the company expands its trading scope. Source: FuelFix
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Oil trades near 7-Week Low as U.S.-China trade war escalates
Oil traded near a seven-week low as China retaliated against the U.S. administration’s latest tariffs, heightening trade tensions between the world’s two biggest economies. Source: FuelFix
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How solar swept the U.S. power grid
A new report by the U.S. Energy Information Administration explains how a dramatic fall in the cost of solar panels has allowed that technology to sweep the U.S. power grid.The second largest source of new...
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Oxy posts growing quarterly profit of $848 million
Houston’s Occidental Petroleum posted a quarterly profit of $848 million that jumped more than 65 percent from $507 million during the same three months last year. Source: FuelFix
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