Archives for 2018
U.S. oil production grows, but China, India will drive global demand
The United States may lead the world in combined oil and gas production, but the demand for energy is driven almost entirely by Asia, especially China and India. Source: FuelFix
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Oxy considering carbon capture project
The Houston oil company Occidental Petroleum is studying a carbon capture project to deliver carbon dioxide to its oil fields in West Texas, the company announced Tuesday. Source: FuelFix
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OPEC faces a bigger problem in Washington than Trump tweets
American politicians are at it again: punching OPEC. The cartel has often been a bogeyman for U.S. politicians since the first oil crisis in 1973. Now OPEC is facing a renewed political assault in Washington,...
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Oil declines as traders assess Trump tariffs and Libya outage
Oil fell to near $65 a barrel as traders assessed escalating tensions between the world’s two biggest economies as well as an upcoming OPEC meeting that could see the group lift production. Source: FuelFix
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