Archives for 2019
Crude prices boosted by oil inventories plunge
Commercial crude oil stockpiles plunged by almost 10 million barrels last week, creating more bullish news for oil prices that have risen to their highest values since November. Source: FuelFix
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Enterprise Products Partners to hold crude oil for export auction
Houston pipeline operator Enterprise Products Partners is holding an electronic auction in April for domestically produced crude oil to be exported from its Houston Ship Channel terminal. Source: FuelFix
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IMO 2020 could trigger refinery closures outside U.S.
As the global refining industry readies for the shipping industry’s shift to burning cleaner marine fuels, analysts are warning that not all refineries are ready for what could be one of the biggest regulatory shocks...
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Drillinginfo buys Midland Map in move to improve Permian Basin service
Austin oilfield data company Drillinginfo bought Midland Map Co. in a move to improve its services in the Permian Basin of West Texas. Source: FuelFix
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Oil's rally stuck near $59 as U.S.-China trade jitters return
Oil’s rally stuttered as uncertainty over the status of trade negotiations between the U.S. and China stoked concerns over global economic growth. Source: FuelFix
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