Archives for October 2019
Oil falls on expectations of rising inventories at key U.S. hub
Oil declined for a second day on expectations of rising inventories at a key pricing point in Oklahoma. Source: FuelFix
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BP profit beats as strong refining offsets lower oil price
BP Plc reported profit that beat analyst estimates as a strong refining performance offset the effect of lower oil and natural gas prices, and bad weather that curbed production. Source: FuelFix
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Losses continue to mount for National Oilwell Varco in third quarter
Losses continue to mount for Houston oil field service company National Oilwell Varco, which posted a nearly quarter billion loss during the third quarter. Source: FuelFix
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Pemex posts $4.6 billion loss amid sagging exports, domestic sales
Mexico’s state-run oil company Petroleos Mexicanos, or Pemex, reported slightly higher production figures but posted a $4.6 billion loss during the third quarter amid sagging exports and domestic sales. Source: FuelFix
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