Archives for February 2020
Gas prices jump, but set to retreat as oil plunges on coronavirus fears
Gasoline prices jumped over the past following a rise in crude, but the increases could be short-lived as the spread of the coronavirus shakes the global economy. Source: FuelFix
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Oil slides, gold jumps as virus rocks commodities
Renewed fears that the coronavirus will harm global growth rocked commodity markets again on Monday, with oil and metals prices tumbling while gold soared toward $1,700 an ounce amid a flight to haven assets. Source:...
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Opinion: Gas station M&A frenzy looks like a bubble
(Bloomberg Opinion) — Investors in the retail sector can’t get their fill of gas stations. Seven & i Holdings Co., the Japanese company that controls 7-Eleven, is in exclusive talks to acquire Marathon Petroleum Corp.’s Speedway gas...
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All eyes from LNG industry on Tellurian during Trump visit to India
All eyes in the energy industry will be on Houston liquefied natural gas company Tellurian during President Donald Trump’s visit to India. Source: FuelFix
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Chevron’s future growth prospects dwindle with reserves decline
Chevron Corp.’s future growth prospects may be dimming after the oil explorer pumped more crude than it discovered or bought last year, eroding its portfolio of untapped fields. Source: FuelFix
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