Archives for April 2019
Shell awards contract to Halliburton for offshore project in Brazil
Dutch oil giant Shell has awarded a contract to Houston oilfield service company Halliburton for a pair of offshore projects in Brazil. Source: FuelFix
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U.S. crude, fuel stocks dip from the week prior
The nation’s stockpiles of both crude oil and refined gasoline showed small declines from the week prior, helping keep petroleum inventories in line with their five-year averages. Source: FuelFix
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Gasoline prices expected to stay low this summer
Gasoline prices this summer are likely to be lower than last year, averaging $2.76 per gallon nationwide, the U.S. Energy Information Administration forecast Wednesday. Source: FuelFix
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Oil extends gains as U.S. stocks drop, China economy rebounds
Oil rose after an industry report signaled an unexpected drop in U.S. crude inventories last week, while data showed China’s economy rebounded in the first quarter. Source: FuelFix
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Energy use hits record high last year
Energy consumption in the United States hit a record high last year, surpassing the previous record set more than a decade ago. Source: FuelFix
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