Archives for 2019
Aramco, Lebanon, Gulf Oil: A guide to Middle East risks in 2020
If 2019 was the year when a clutch of Middle East markets burst into the mainstream, then 2020 will test whether the foreign money keeps flooding in. Source: FuelFix
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Oil rally stutters as plentiful gasoline muddies demand outlook
Oil hovered near $61 a barrel for a second day after capping its longest streak of gains in almost two months as traders weighed bearish signs of swelling U.S. fuel inventories against a decline in...
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McDermott stock rallies to return back above $1 per share
A Wednesday afternoon rally ended with stock prices for troubled Houston oilfield service company McDermott International returning back above $1 per share. Source: FuelFix
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FERC pushes back against state clean energy plans
Clean power sources that receive state subsidies can be assessed a surcharge when bidding into the country’s largest power market. Source: FuelFix
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Crude inventories fall, fuel stocks rise
U.S. stockpiles of commercial crude oil fell by 1.1 million barrels last week, but that was largely offset by a gain of 2.5 million barrels in refined gasoline inventories, according to weekly data from the...
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