Archives for February 2019
Marathon sells its U.K. assets as it focuses on U.S. shale
Houston’s Marathon Oil said Monday it will sell its United Kingdom assets in the North Sea and near the Shetland Islands for about $140 million. Source: FuelFix
Click here 0 1,734
Trump attacks OPEC again, warning against high oil prices
U.S. President Donald Trump resumed his attacks on OPEC, saying the world is too fragile to handle a price hike and urging the cartel to “relax and take it easy.” Source: FuelFix
Click here 0 1,709
Oil holds near 3-month high as U.S. extends truce with China
Oil steadied near a three-month high in New York as a U.S. move to extend a trade truce with China raised hopes that the world’s two biggest economies would soon resolve a stand-off on tariffs....
Click here 0 1,668
Goldman Sachs sees oil taking a fleeting trip to $70-$75 a barrel
Oil prices could potentially rise as much as 13 percent from current levels, though the rally may prove fleeting, according to Goldman Sachs Group Inc. Source: FuelFix
Click here 0 1,738
Gasoline prices have biggest jump of the year
Gasoline prices had their biggest weekly increase to the year, climbing an average of 9 cents a gallon in Houston since last Sunday, according to a website that tracks gas prices nationwide. Source: FuelFix
Click here 0 1,778
