Archives for January 2019
Oil retreats as Chinese growth fears sour risk appetite
Oil increased in New York as worries over signs of slower economic growth in China were countered by OPEC’s production cutbacks. Source: FuelFix
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OPEC output falls most in almost two years as Saudi cuts begin
Before its agreement to cut oil supplies even started, OPEC’s production plunged by the most in almost two years last month. Source: FuelFix
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Oil tanks explode at a Noble Energy well in the Permian
There were no injuries when a series of oil tanks exploded overnight by a Noble Energy well site in West Texas’ booming Permian Basin. Source: FuelFix
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Miller takes over as Halliburton chairman with Lesar retirement
Halliburton Chief Executive Jeff Miller is now the chairman as well after the executive chair and former CEO, Dave Lesar, retired at the end of the year. Source: FuelFix
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Gas prices to start low, but push $3 a gallon by spring: forecast
GasBuddy, a website that tracks gasoline prices nationwide, forecasts that motorists could be paying $1 a gallon more by May. Source: FuelFix
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