Archives for August 2019
Saudi Aramco cuts all oil pricing for September sales to Asia
Saudi Arabia, the world’s biggest oil exporter, lowered pricing for September sales of all crudes to Asia while raising prices to buyers in northwest Europe and the Mediterranean region. Source: FuelFix
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Iran seizes small oil tanker suspected of smuggling fuel
Iran’s Revolutionary Guards seized a foreign oil tanker in the Persian Gulf on July 31, compounding concerns about the safety of shipping in a region crucial to oil exports. Source: FuelFix
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Oil resumes drop as demand fears overshadow Iran tanker seizure
Oil resumed its decline as a sharp drop in the Chinese yuan compounded fears that a deepening trade war will depress demand. Source: FuelFix
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Drilling Down: Exxon Mobil awakens
Sleeping giant Exxon Mobil has woken up and is gearing up for dozens of drilling projects in the Permian Basin and Eagle Ford Shale. Source: FuelFix
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Basic Energy Services launches new water midstream company with Permian Basin focus
Fort Worth oilfield services company Basic Energy Services is launching a new subsidiary that will focus on moving and disposing of oilfield wastewater in the Permian Basin and other shale plays. Source: FuelFix
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