Archives for July 2019
Oil edges higher as inventory drop helps ease post-OPEC gloom
Oil gained after suffering its worst reaction to an OPEC meeting in more than four years. Source: FuelFix
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Say goodbye to another Texas coal-fired power plant
Gibbons Creek Generating Station, a coal-fired power plant about 20 miles from Bryan, was already in mothball status, putting the state’s grid operator on notice earlier this year that it wouldn’t be running this summer....
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Crews clean up small oil spill in Liberty County
State authorities are cleaning up a small oil spill from inactive well in Liberty County, Railroad Commission confirmed early this week. Source: FuelFix
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Exxon expects mixed bag for second quarter earnings
Exxon Mobil is warning investors its chemical margins will likely take a hit when it announces its second quarter earnings in a month, but that its refining margins could see gains.The Irving company is scheduled...
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Oil steady as OPEC pact contends with gloomy economic data
Oil steadied as investors weighed OPEC’s extending output cuts into 2020 against troubling economic data from around the world. Source: FuelFix
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