Archives for March 2019
Oil slides on economy fears, stuck in tightest range since 2017
Oil fell as a weakening outlook for the global economy and rising crude stockpiles in the U.S. signaled that markets will remain comfortably supplied. Source: FuelFix
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U.S. petroleum exports may surpass Saudis by year-end: Rystad
America’s booming oil production could set the stage for country’s total petroleum exports to surpass those of Saudi Arabia by end-2019, according to Rystad Energy AS. Source: FuelFix
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Home solar grows but not fast enough to meet demand for power
The growing popularity of roof-top solar is producing more electricity these days, but it’s still too small to make much of a dent in the nation’s power needs. Source: FuelFix
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IMO 2020 will cause upheaval for shippers and refiners
With fuel oil recently trading at a premium to motor gasoline, one may be excused for asking what all the fuss is about the forthcoming fuel oil specification changes for the shipping industry? Those changes,...
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Asia remained top U.S. oil buyer in 2018
Asia more than doubled its intake of American crude oil last year even as Beijing and Washington were embroiled in a bitter trade war. Source: FuelFix
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