Archives for 2018
Stakes high for Houston, Texas as OPEC considers lifting output caps
The Texas oil boom and the higher crude prices that have driven it could take hits after OPEC meets in Vienna Friday, as the strengthening alliance between Saudi Arabia and Russia pushes the cartel to...
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OPEC races to salvage oil deal after Iran clashes with Saudis
OPEC officials meeting in Vienna raced to salvage an oil-production deal on Wednesday after Iran said it was likely to reject any agreement that raised output from the group. Source: FuelFix
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Brent crude near $75 as pre-OPEC meeting tensions persist
Brent crude traded near $75 a barrel as friction endures between Saudi Arabia and Iran over whether OPEC should agree to pump more oil when the group meets Friday. Futures in London earlier rose as...
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Shale giant says Permian oil faces shut ins on pipe shortage
The biggest U.S. shale region will have to shut wells within four months because there aren’t enough pipelines to get the oil to customers, the head of one of the industry’s largest producers said. Source:...
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Corpus Christi port approves $217 million for improvements
The Port of Corpus Christi has approved $217 million in funds for capital improvements. Source: FuelFix
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