Archives for 2019
Fuel prices keep falling
Fuel prices are continuing their seasonal decline this fall as demand slows and crude oil costs remain muted. Source: FuelFix
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Parsley Energy to buy Jagged Peak for $1.65 billion in Permian merger
Austin-based Parsley Energy said it will pay $1.65 billion to acquire Denver’s Jagged Peak Energy in a combination of Permian Basin players. Source: FuelFix
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Saudi Arabia denies involvement in Iran tanker attack in Red Sea
Saudi Arabia said it had no involvement in Friday’s attack on an Iranian oil tanker in the Red Sea that caused a spike of more than 2% in crude prices. Source: FuelFix
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One month after worst oil-supply halt, Aramco says all clear
In the early hours of a sweltering Saturday in September, a volley of missiles pierced the heart of Saudi Arabia’s oil industry, knocking out 5% of global production. A month later, it’s as if the...
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Oil drops after biggest gain in a month as trade optimism ebbs
Oil slid after surging the most in almost a month on Friday amid doubts that recent progress in the U.S.-China trade talks will compensate for a worsening global demand outlook. Source: FuelFix
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