News
Shell sells last of its Haynesville position
Royal Dutch Shell is officially moving out of the gassy Haynesville shale after selling its last package of acreage to a private Houston firm. Source: FuelFix
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Exxon Mobil secures large exploration position offshore Egypt
Exxon Mobil said Monday it secured a large exploration position offshore of Egypt as the United States’ largest energy player expands its role in developing oil and gas resources in the Eastern Mediterranean. Source: FuelFix
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Fuel prices rise for first time in two months
Fuel prices rose last week for the first time in several weeks, but that doesn’t mean gasoline costs are back on the rise for long. Source: FuelFix
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Hedge funds stay bullish on oil amid trade truce, OPEC+ cuts
Hedge funds are approaching the end of the year more optimistic on global oil prices than they’ve been since May. Source: FuelFix
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Oil holds near 3-month high as U.S. crude stockpiles shrink
Oil traded near the highest close in over three months after U.S. crude stockpiles declined more than expected, easing oversupply concerns. Source: FuelFix
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