Archives for November 2019
Exxon Mobil's profits fall in third quarter
Exxon Mobil Corp. profits fell in the third quarter, the company reported Friday. Source: FuelFix
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Oil set for weekly drop on rising Saudi output and trade woes
Oil headed for its biggest weekly loss in a month as swelling American stockpiles and renewed doubts over a long-term U.S.-China trade deal suggested supply will continue to outpace demand. Source: FuelFix
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Keystone pipeline shutdown raises costs for U.S. Gulf refiners
The Keystone crude pipeline was shut Wednesday after leaking thousands of barrels of crude in North Dakota, the third spill along the pipeline’s route in less than three years. Source: FuelFix
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Cheniere Energy posts $318 million loss amid higher expenses
Houston liquefied natural gas company Cheniere Energy posted a $318 million loss during the third quarter amid higher operating expenses, depreciation of assets and interest payments. Source: FuelFix
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