Archives for 2019
Trump says he's spoken to Saudi Arabia about increasing oil flow
President Donald Trump said he’s spoken to Saudi Arabia and other countries about increasing oil flow and that “all are in agreement.” Source: FuelFix
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Rig count falls below 1,000 for first time in 12 months
Texas led a big dip in drilling activity as the nation’s active rig count fell below 1,000 rigs for the first time in more than a year. Source: FuelFix
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LyondellBasell's profits tumble again
Houston’s LyondellBasell took another hit to profits in the first quarter with net income falling 33 percent year-over-year despite improving sales volumes after a weak end of 2018. Source: FuelFix
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Chevron's profits fall by more than 25% as Anadarko bidding war looms
Chevron reported quarterly earnings Friday that fell more than 25 percent because of weak market pricing for oil, fuels and petrochemicals in the first three months of the year. Source: FuelFix
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