Archives for 2019
Oil in longest run of weekly gains since 2017
Oil in New York headed for the longest weekly winning streak since November 2017 as crises from Venezuela to Libya threatened supplies, while optimism over U.S.-China trade talks buoyed the outlook for demand. Source: FuelFix
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Venezuela blackouts cut oil output by half in March
Power failures that plunged Venezuela into darkness for much of March also briefly slashed the country’s crude production by half, according to people familiar with the situation. Source: FuelFix
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Shell Breaks Market Mold With Deal Linking Gas Prices to Coal
Royal Dutch Shell Plc agreed to sell liquefied natural gas to a Japanese utility at prices that include a link to coal, the latest innovation in the booming LNG market where buyers are seeking to...
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As U.S. shale oil exports rise, pricing focus will shift to Gulf Coast
The rise of U.S. shale oil and gas will change the focus of oil pricing, shifting it to the Gulf Coast and on-the-water crude oil and crude products. Source: FuelFix
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Oil and gas M&A ground to a halt in the first quarter
Oil and gas deals ground to a halt in early 2019 after crude prices plunged late last year. Source: FuelFix
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