News
Methanol, polymers hit by latest round of Chinese tariffs
Several key U.S.-made chemicals will be hit by Chinese latest round of tariffs in the escalating trade war, including polymers, methanol and aromatics.Starting June 1, China will hike tariffs on 5,000 U.S. goods. According to...
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Oil is already trade war's collateral damage even without duties
U.S. oil shipments are likely to be a casualty of the trade war with China, even though crude was spared from the latest list of American goods targeted with retaliatory tariffs. Source: FuelFix
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Saudis halt oil pipe on attack claimed by Iran-backed rebels
Saudi Arabia halted its main cross-country oil pipeline temporarily after a drone attack damaged pumping stations along the link, a strike claimed by Iran-backed rebels in neighboring Yemeni. Oil prices rose. Source: FuelFix
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Oil rises as Saudi Arabia reports drone attacks on pump stations
Oil rose as Saudi Arabia reported drone attacks on pumping stations, the latest escalation in Middle East tensions after tankers were hit by sabotage over the weekend. Source: FuelFix
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KBR tapped to build proposed fourth production unit at Freeport LNG
The heavy construction arm of Houston information technology company KBR has been tapped to build a proposed fourth production unit at Freeport LNG’s export terminal in Brazoria County. Source: FuelFix
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