Archives for 2020
Iraq Oil Supplies Vulnerable as Mideast Tensions Flare, IEA Says
Oil supplies from Iraq, the Middle East’s second-biggest producer, are “potentially vulnerable” amid rising political risks in the country and the broader region, the International Energy Agency warned. Source: FuelFix
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Environmentalists sue federal government to overturn plastics plant permit
Environmentalists have sued the federal government to overturn a permit for a proposed Formosa plastics plant in Louisiana. Source: FuelFix
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U.S. oil production hits estimated record 13 million barrels per day
U.S. crude oil production rose to an estimated record-high of 13 million barrels per day last week as the nation’s energy growth crossed a new threshold, according to a weekly report from the U.S. Energy...
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Peak Permian oil output is closer than you think, investor says
Such is the extent of the shakeout in the U.S. shale industry that Permian Basin oil production is closer to peaking than many forecasts suggest, according to one energy investor. Source: FuelFix
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Oil trades near 6-week low as U.S. stockpiles rise
Oil traded near a six-week low as industry data showing an increase in U.S. crude stockpiles re-affirmed expectations that global markets will be oversupplied in the first part of the year. Source: FuelFix
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