Archives for 2018
Gas prices slide in Houston
Gasoline prices in Houston and across the country fell last week alongside crude oil prices but could rebound as the disappearance of a Washington Post journalist fuels tension between the U.S. and Saudi Arabia. Source:...
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Nine Energy buying Magnum Oil Tools for nearly $500M
Houston-based Nine Energy Service said Monday it is buying Magnum Oil Tools for nearly $500 million in a continuation of its growth spree. Source: FuelFix
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Saudi Arabia breaks 45-year taboo with veiled oil weapon threat
For 45 years, it’s been considered out of bounds for Saudi Arabia. But all of a sudden, Riyadh made what many read as a veiled threat to use the kingdom’s oil wealth as a political...
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Crude, fuels drive Port of Corpus Christi export record
The port cites increases in crude oil and refined product shipments for record. Source: FuelFix
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Oil rises as Saudi Arabia vows to hit back against any sanctions
Oil rose as traders assessed a threat by Saudi Arabia, the world’s biggest crude exporter, to retaliate against any punishment over the disappearance of a government critic. Source: FuelFix
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