Archives for 2019
Oil extends gains after muted increase in U.S. crude stockpiles
Oil extended gains from a three-month high as industry data signaled a limited increase in American crude stockpiles, and on signs that the U.S. and China are moving closer to a trade deal. Source: FuelFix
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Sanchez Energy delisted from New York Stock Exchange
Sanchez Energy, a Houston company ranked as the Eagle Ford Shale’s third most prolific driller, has been delisted from the New York Stock Exchange following months of financial troubles. Source: FuelFix
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Energy Transfer closes 2018 with $1.6 billion profit
Dallas pipeline operator Energy Transfer closed 2018 with a $1.6 billion profit. Source: FuelFix
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Impairment charges sting Targa Resources during fourth quarter
Nine-digit impairment charges from a 2015 merger came back to sting Targa Resources during the fourth quarter. Source: FuelFix
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Oil near $56 amid expectation of fifth U.S. crude inventory rise
Crude fluctuated between gains and losses as investors prepared for a fifth straight rise in U.S. crude inventories and oil tracked the U.S. equity market. Source: FuelFix
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