Archives for 2019
Oil declines a second day on U.S. supplies, trade deal impasse
Oil dropped for a second day on indications American crude stockpiles and shale output will keep expanding, while investors wait for a breakthrough in U.S.-China trade talks. Source: FuelFix
Click here 0 1,412
Exxon says N.Y. used fraud claims to score political points
You’d expect most companies accused of a longstanding fraudulent scheme to be thrilled if the government dropped those claims against them. Not so for Exxon Mobil Corp. Source: FuelFix
Click here 0 1,378
Big Oil majors looking to sell $27 billion in assets worldwide
The Big Oil majors aim to unload about $27 billion in oil and gas assets worldwide in order to cut costs and focus spending on their core projects. Source: FuelFix
Click here 0 1,493
Oil short-selling unwinds in view of shale woes, trade hopes
Hedge-fund managers unwound bets that crude will fall at the fastest pace in 16 months as the prospects for a trade war truce and a slowdown in shale drilling helped futures rebound. Source: FuelFix
Click here 0 1,329
