FuelFix
Market Currents: Saudi oil logic explained
Oil prices are lower today, as focus shifts from optimism of the market balancing in the future, back to current oversupply. With today’s US inventory report helping crude to pare losses with a solid draw...
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BP oil, gas headquarters moving from Houston to Denver
Oil giant BP is moving its U.S. onshore oil and gas headquarters from Houston to Denver, and taking about 200 of its 4,500 local employees with it. The new Colorado office, the company said...
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Conoco sells $1.3 billion in oil land, assets
ConocoPhillips, the world’s largest independent oil company, sold $1.3 billion in oil land and other assets this year, generating cash for debt reduction, share repurchases and operations. Conoco, based in Houston, said on Wednesday it...
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Keane Group files paperwork for IPO
Houston-based oil and gas hydraulic fracturing and well completion services firm Keane Group has filed for an initial public offering with the Securities and Exchange Commission. Keane would trade on the New York Stock Exchange...
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Market Currents: Signs of OPEC Compliance
Prices are drifting higher again today, encouraged on by a supportive report from the IEA. A monthly OPEC report awaits tomorrow, as does the weekly inventory report, but for now – hark, here are five...
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