Archives for 2018
Oil trades near $68 as inventory, OPEC output weigh on market
Oil traded near $68 a barrel after sliding for two consecutive sessions as rising U.S. inventories and higher output from OPEC and Russia weighed on the market. Futures in New York were little changed, following...
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Russia rolls back most of oil cuts as supply risks worsen
Russia boosted oil production to levels not seen since it joined OPEC in a coordinated output cut, helping the group offset supply disruptions elsewhere. Source: FuelFix
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Shale reality check hits as oil results underwhelm investors
Shale drillers gave investors a reality check after a strong start to the year, with Anadarko Petroleum Corp., Chesapeake Energy Corp., Devon Energy Corp. and Concho Resources Inc. all falling after disappointing earnings reports. Source:...
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New EPA head says implementing Trump's agenda "posthaste"
Acting EPA Administrator Andrew Wheeler told the Senate Wednesday he was working to implement President Donald Trump’s move to rollback environmental regulation “posthaste.” Source: FuelFix
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Cirro Energy acquires customers from two electricity competitors
Cirro Energy, the retail electricity provider owned by NRG Energy, recently acquired the customers of two competitors. Source: FuelFix
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