Archives for 2018
Texas adds 8 rigs as U.S. rig count jumps up 11
Texas’ rig count clawed back from weeks of losses last week, gaining 8 oil and gas drilling rigs to rise to 532 rigs total. Source: FuelFix
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Shell launching new retail fuel pilot programs in U.S.
Royal Dutch Shell is the U.S. leader in retail fuel sales and now Shell is launching new American pilot programs so people can fill up almost anywhere or charge their electric vehicles. Source: FuelFix
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100 million barrels: The world hit a daily oil and liquids record
The world is pumping out more oil and other petroleum liquids than ever before. Source: FuelFix
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IEA cuts oil demand forecasts but sees prices staying high
The International Energy Agency cut forecasts for oil demand this year and next because of growing threats to global economic growth, yet warned that dwindling spare oil supplies will keep prices high. Source: FuelFix
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Oil under pressure as investors steer clear of risk assets
Crude traded at the lowest level in more than two weeks as a risk-off sentiment spread through global markets. Source: FuelFix
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