Archives for 2019
Oil set for weekly drop as IEA warns OPEC faces looming surplus
Oil is set for its biggest weekly decline in nearly two months as the International Energy Agency warned of a looming supply glut. Source: FuelFix
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Texas expected to have plenty of power this fall, winter
The state’s grid manager predicts there will be enough generating capacity to meet demand this fall and winter. Source: FuelFix
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Alta Mesa files for bankruptcy under former Anadarko chief
The Houston oil producer Alta Mesa Resources filed for bankruptcy protection Thursday amid collapsing finances and an SEC investigation into possible fraud. Source: FuelFix
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The U.S. exports more oil than Saudi Arabia
The U.S. briefly became the world’s No. 1 oil exporter as record shale production found its way to global customers, and there are prospects for more. Source: FuelFix
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Oil slips as OPEC seen facing tough test to balance market
Oil slid as the International Energy Agency highlighted the difficulty that OPEC and its allies will face in balancing the market as producers meet in Abu Dhabi. Source: FuelFix
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