News
Oil supply to swamp demand, squeeze OPEC in 2020, IEA says
Global oil supplies will increase far more than demand next year with the start of a host of new projects, putting further pressure on the OPEC cartel, the International Energy Agency said. Source: FuelFix
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Oil tanker insurance costs to jump after Gulf attacks
Oil tanker owners are turning increasingly nervous about loading cargoes from the world’s largest export region for crude after the latest round of attacks on vessels. Source: FuelFix
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Oil set for weekly loss as demand fears eclipse Mideast tension
Oil headed for a weekly decline as the tanker attacks in the Middle East were overshadowed by a deepening trade war and swelling U.S. stockpiles. Source: FuelFix
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Cheniere Energy wants a seat at climate change discussions
Energy CEOs need to change the climate debate around the production of their fuels, said Jack Fusco, CEO of Cheniere Energy. Source: FuelFix
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Gasoline prices unlikely to rise due to tanker attacks, GasBuddy says
Even as oil prices spiked up Thursday morning following attacks on two oil tankers travelling through the Strait of Hormuz, the incident is not expected to immediately drive up domestic gasoline prices, according to a...
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