Archives for August 2019
Oil jumps after Trump says China wants to restart trade talks
Oil jumped after U.S. President Donald Trump said that China wanted to restart trade talks, potentially easing escalating tensions between the two countries. Source: FuelFix
Click here 0 1,448
Drilling Down: Exxon Mobil no signs of cooling off in Permian Basin
Exxon Mobil’s shale drilling arm XTO Energy is preparing for another heavy round of drilling in the Permian Basin of West Texas. Source: FuelFix
Click here 0 1,470
U.S. rig count falls by double digits
The number of drilling rigs operating in the United States has fallen by double digits, industry figures releases on Friday show. Source: FuelFix
Click here 0 1,527
Half of Venezuela's oil rigs may disappear if U.S. waivers lapse
A looming U.S. sanctions deadline is threatening to clobber Venezuela’s dwindling oil-rig fleet and hamper energy production in the nation with the world’s largest crude reserves. Source: FuelFix
Click here 0 1,490
Oil heads for second weekly increase before Fed chair’s speech
Oil headed for a second weekly gain as traders awaited guidance from the Federal Reserve on whether the U.S. will ease monetary policy to shore up economic growth. Source: FuelFix
Click here 0 1,508
