FuelFix
Oil extends rally
Oil extended the longest winning streak in more than four months before OPEC and other producing nations start reducing output to stabilize the market. Futures advanced 0.4 percent in New York, climbing for a seventh...
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Gas prices in Houston rise again
Average gasoline prices in Houston rose another three cents over the leak, following the steady climb in crude oil prices, according to the website GasBuddy. com, Gasoline averaged $2.05 cents in the Houston area Tuesday,...
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Three more U.S. oil companies plan bankruptcy filings
Three small U.S. oil companies will file bankruptcy papers soon, they said on Friday, as the financial squeeze that led to scores of bankruptcies across the industry continues. Houston-based Memorial Production Partners and two others...
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Rig count up 16, third week of double-digit growth
The number of oil and gas rigs in U.S. fields rose again this week, up 16 over last week. It’s the third double-digit increase in a row and a boom of 85 rigs over the...
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Oil bankruptcies decline as prices rise
The past two and a half years haven’t been kind to oil companies. But drillers and energy services firms have dramatically slowed the deluge of bankruptcies that tied up nearly $80 billion of debt in...
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