Archives for 2018
Oil futures decline as investors flee risky assets
Crude fell as a sell-off in equity markets signaled a flight from riskier investments. Source: FuelFix
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Private equity firms becoming longer-term players in the oil patch, investors say
Private equity investors say they’re holding onto footholds in the U.S. oil patch for longer periods than in previous years, attempting to more fully develop their assets amid a lack of available capital at potential...
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Chinese tariffs, including oil pipe, go into effect
Chinese tariffs on $30 billion in U.S. goods went into effect Monday, the latest move in an escalating trade fight between Beijing and Washington. The tariffs, which were initially announced two weeks ago, targeted 128 products...
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U.S. rig decline, Iranian risks support oil
Oil’s rally above $65 a barrel is being propelled by a sign that American explorers have curtailed drilling activity as well as speculation that the U.S. could reimpose sanctions on OPEC producer Iran. Source: FuelFix
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Summer fuel blends drive up Houston gasoline prices
The price of gasoline in Houston and across the country again ticked up as refiners continued their transition to pricier fuel blends ahead of the summer driving season. Source: FuelFix
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