Archives for 2018
OPEC expects U.S. shale to steal market share until late-2020s
The rise of U.S. shale oil is set to extend well into the 2020s, stealing market share from OPEC, the group said in its latest World Oil Outlook. Source: FuelFix
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Texas growth offsets rig count dip elsewhere
The number of rigs drilling for oil and gas in the U.S. fell by two last week, but continued growth in Texas kept a much larger dip from occurring. Source: FuelFix
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Oil prices higher ahead of OPEC-Russia meeting Sunday
Crude oil prices are hovering near their highest levels in more than two months ahead of a potentially contentious meeting between OPEC, Russia and other oil-producing nations. Source: FuelFix
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Steelworkers to meet next week to decide oil bargaining goals
Union representatives are gathering next week in San Diego to set priorities for the upcoming oil bargaining talks that will set the wages and benefits at U.S. oil refineries and chemical plants. Source: FuelFix
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WildHorse Resource adds Eagle Ford acreage, builds sand mine
Houston’s Wildhorse Resource Development is continuing to build its position in the northeastern Eagle Ford shale by adding acreage and building a new sand mine and pipelines. Source: FuelFix
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