News
Oil short-selling unwinds in view of shale woes, trade hopes
Hedge-fund managers unwound bets that crude will fall at the fastest pace in 16 months as the prospects for a trade war truce and a slowdown in shale drilling helped futures rebound. Source: FuelFix
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Oil holds Near 8-week high on U.S.-China trade deal optimism
Oil held near the highest close in eight weeks on signs of progress in the prolonged U.S.-China trade war, which has weighed on the outlook for fuel demand. Source: FuelFix
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Griddy CEO feels sick over big August bills but says price signals are future
The heat wave in August caused the wholesale electricity seller Griddy to lose customers when wholesale prices spiked but the episode taught the California-based company some important lessons about improving communications with customers. Source: FuelFix
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FERC poised to make permit decisions on four LNG export projects in Texas
Federal regulators appear poised to make permit decisions on the applications submitted by four liquefied natural gas export terminals in Texas. Source: FuelFix
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McDermott stock remains stuck below $1 per share
Stock prices for Houston oilfield service company McDermott International have remained stuck below $1 per share for more than week. Source: FuelFix
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