Archives for April 2019
Rig count spikes by 19 after weeks of declines
The number of rigs drilling for oil and gas in the U.S. spiked by 19 this week after several weeks of mostly small declines. Source: FuelFix
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Auto sales in China, India push oil demand up even as EVs grow
Although electric vehicle sales are rapidly rising, oil demand for automobiles will keep rising in the coming decade especially from growth in China and India, according to new research data. Source: FuelFix
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Gulf Coast refineries reach record runs
American refinery runs reached a new record in 2018 as higher diesel margins pushed oil companies to keep pumping petroleum through their refineries despite a decrease in margins from gasoline, a new report from the...
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Two colleges in Texas rank No. 1 and 2 in U.S. for renewable energy use
Two schools in Texas led the nation’s colleges and universities in using the most renewable energy sources while another took third place for electric campus vehicles. Source: FuelFix
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Oil in longest run of weekly gains since 2017
Oil in New York headed for the longest weekly winning streak since November 2017 as crises from Venezuela to Libya threatened supplies, while optimism over U.S.-China trade talks buoyed the outlook for demand. Source: FuelFix
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