News
Oil drops after biggest gain in a month as trade optimism ebbs
Oil slid after surging the most in almost a month on Friday amid doubts that recent progress in the U.S.-China trade talks will compensate for a worsening global demand outlook. Source: FuelFix
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ConocoPhillips sells Australia assets for $1.4 billion
ConocoPhillips said it will sell most of its Australia business for $1.4 billion to the Australian firm Santos Ltd. as the Houston oil and gas producer continues to shift its focus back to North America....
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Drilling Down: Sanchez Energy drilling way out of Chapter 11
Houston oil company Sanchez Energy appears to be drilling its way out of Chapter 11 bankruptcy. Source: FuelFix
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Ted Cruz to Trump: Don't let Citgo fall into Russian hands
U.S. Sen. Ted Cruz and six other members of Congress are asking President Donald Trump to avoid a situation that could put the Houston refining company Citgo in Russian hands. Source: FuelFix
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U.S. rig count adds one as Permian picks up
The Permian Basin helped to stave off further declines in the U.S. oil and rig count this week. Source: FuelFix
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