Archives for 2020
Crude oil stockpiles rise as global demand dips
Stockpiles of commercial crude oil began rising in the U.S. last week as the spread of the coronavirus in China began hitting global oil demand. Source: FuelFix
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Canadian court rejects challenge to pipeline, tankers
VANCOUVER, British Columbia (AP) — An estimated 400 oil tankers a year are likely coming to inland waters of the Salish Sea, and the Strait of Juan de Fuca, shared by Washington and British Columbia....
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Democrats accuse Energy Department of underspending on clean energy research
The U.S. Energy Department is accused of holding back more than $800 million in funding for clean energy research, more than a third of its budget. Source: FuelFix
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Asian LNG prices fall on conoravirus fears, warm winter
On top of a warmer-than-average winter that has resulted in a supply glut, S&P Global Platts reports that the coronavirus outbreak in China is creating demand disruption and curtailment fears. Source: FuelFix
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Oil climbs with OPEC+ split on output curbs
Oil rebounded back beyond $50 a barrel as OPEC+ entered a second day of discussions on the impact of the coronavirus outbreak. Source: FuelFix
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