FuelFix
Market Currents: OPEC deal still in the balance
We have a week which starts with cartel controversy, and concludes with Nonfarm Friday. Somewhere inbetwixt, we get the small matter of an OPEC meeting in Vienna. With that in mind, hark, here are five...
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Fracking rebound boosts service firms
The oilfield service companies that supply everything from sand to sophisticated robot rigs are seeking a new lease on life as America’s fracking fortunes begin to turn. Shale drillers have added 158 rigs since May,...
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Gas prices continue to drop
The average price for a gallon of regular gasoline in the U.S. fell 1.3 cents during the past week to $2.12 per gallon on Sunday, according to GasBuddy.com. The continuing price drop is tied to...
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Saudis pull out of talks with Russia as OPEC deal stalls
Saudi Arabia has pulled out of talks with non-OPEC producers including Russia planned for Monday because the exporters’ group still has no internal agreement on how to implement supply cuts, according to two delegates. OPEC...
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Texas jury awards Boone Pickens $146 million in West Texas oil lawsuit
By Natalie Posgate of The Texas Lawbook PECOS –Two Midland oil companies and Dallas-based J. Cleo Thompson intentionally failed to meet their end of an agreement with Dallas oil mogul T. Boone Pickens to acquire and...
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