FuelFix
Big dip in crude stocks, record-high exports push oil near $60
The biggest weekly decline in the nation’s stockpile of commercial crude since 2016 helped push oil near $60 per barrel Wednesday morning. Source: FuelFix
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Enterprise puts $2.5 billion of senior notes on market amid exports build out
Houston pipeline and export terminal operator Enterprise Products Partners LP has put $2.5 billlion of senior notes on the market amid plans for expansion. Source: FuelFix
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China trade war already hurting U.S. energy industry, API says
The trade war with China could raise costs for U.S. energy consumers and threaten the viability of the current energy renaissance underway in the U.S., a leading oil & gas industry group argued this week...
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OPEC+ deal pot looks sweeter for Russia as Gulf money flows in
When the courtship between Russia and Saudi Arabia and its Gulf allies began more than four years ago, the prospect of billions in new investment for the region was big selling point for the Kremlin. Now,...
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Oil jumps to four-week high on report of falling U.S. stockpiles
Oil rose to a four-week high after an industry report signaled a bigger-than-forecast drop in U.S. crude stockpiles, adding impetus to a rally that’s been driven by a tense standoff between Washington and Tehran. Source:...
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