Archives for 2018
Oil extends gains as shrinking U.S. stockpiles signal tightness
Oil extended gains from a two-month high on concerns over market tightness after U.S. crude inventories fell for a fifth week at a time sanctions on Iran threaten supplies. Source: FuelFix
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Crude stockpiles dip helps push U.S. oil above $70
The nation’s stockpile of commercial crude oil took a larger-than-predicted dip, falling by 2.1 million barrels last week, the U.S. Energy Department said Wednesday. Source: FuelFix
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China tariffs could impede U.S. LNG exports
China plans to impose a 10 percent tariff on U.S. liquefied natural gas as part of an escalating trade battle between the two countries, hindering export opportunities for a emerging industry that is growing rapidly...
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Texas shale could replace Iranian exports in Asian markets
Falling Iranian oil exports from U.S. sanctions open the door for U.S. oil and gas producers to fill a void in Asia for a niche oil market. Source: FuelFix
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New review shows oil and gas debt at lowest levels since late-2014
A new review by the Department of Energy shows that debt levels in the energy industry are at their lowest levels since the third quarter of 2014. Source: FuelFix
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