Archives for 2018
Oil near week's high as supply data tempers Saudi view on prices
Brent oil held near the highest level in a week as investors weighed a potential gain in U.S. crude stockpiles against Saudi Arabia’s comfort with prices rising above $80 a barrel. Source: FuelFix
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U.S. gas still a no-go for Chinese buyers despite weaker tariff
Chinese buyers will seek to avoid purchasing U.S. liquefied natural gas as long as any tariffs are in place because of the risk that duties may rise further and possibly without warning. , Source: FuelFix
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JPMorgan faces $6 million bribe allegation from Libyan oil fund
The Libyan Investment Authority sued JPMorgan Chase & Co. in London, saying the lender paid more than $6 million in bribes to secure a $200 million bond deal. Source: FuelFix
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Trump relaxes Obama curbs on glaring gas from wells on U.S. land
The Trump administration finalized a rollback of Obama-era limits on methane that is leaked, vented or flared from oil and gas wells on federal lands, part of a one-two punch on regulations designed to curb...
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Pioneer Natural Resources buys into West Texas sand mine
One of the largest West Texas oil and gas drillers has bought into a local sand mine in order to cut its costs. Source: FuelFix
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