News
ERCOT says Texas has enough power for next summer despite rising demand
Texas is expected to have more ample supplies of electricity next summer as new renewable and gas-fired projects come on-line, according to a new forecast issued by the state’s grid manager the Electric Reliability Council...
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OPEC+ looks to cut 500K more barrels, but less in reality
OPEC and its allies will agree to cut an additional 500,000 barrels of crude per day in early 2020 to help balance global oil markets, but in reality the cutbacks won’t be much lower than...
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If OPEC+ announces a new cut, it may not be what it seems
Speculation is mounting that OPEC and its allies may agree to a deeper production cut at their meeting in Vienna on Thursday, but market watchers shouldn’t take any such announcement at face value. Source: FuelFix
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Oil holds gain as OPEC gathers for Vienna meeting
Oil held its biggest surge in more than two months as OPEC ministers gather in Vienna to discuss output cuts. Source: FuelFix
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New power seller from London is opening operations in Texas
Bulb, a retail electricity seller based in London, announced it will begin selling electricity in Texas in the first half of 2020. Source: FuelFix
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