Eddie Seal/Bloomberg News Diesel's retail price will decline to $3.81 a gallon this year — 11 cents below last year's average but 4 cents over last month's projection, the Department of Energy reported. And the price will drop ...
Tags: diese, retail price, short-term energy outlook, decline, oil price
Prices of renewable fuel credits, known as RINs, which surged in early 2013, did not have any impact on gasoline prices, according to an analysis commissioned by an ethanol trade group released Tuesday. The study, conducted by commodities ...
Tags: Gasoline Prices, Mineral
The pace of Chinese economic reform would surprise people, and it will be faster than commonly expected, said Blu Putnam, Chief Economist at Chicago Mercantile Exchange (CME) Group, in London. China appears to be choosing to accelerate ...
Tags: Economic Reform
EnerJex Resources, Inc. (OTCMarkets: ENRJ) ("EnerJex" or the "Company") announced today an update on its operating activities in Morgan County, Colorado, where the Company owns a 100% working interest in approximately 19,000 acres covering ...
Tags: Enerjex, Morgan County, oil production, Adena Field
China Petrochemical Corp, Asia's top refiner, is expanding in Africa through investment and social involvement, Du Juan reports As Africa becomes increasingly important in the global energy structure, with growing proven reserves of oil ...
Tags: Sinopec, China Petrochemical
Oil demand growth in the US this year is likely to exceed that of China's for the first time since the 1990s, skewing overall global demand in favor of developed markets, investment bank Goldman Sachs said in a new report released Friday. ...
Tags: US, China, oil demand
Initial logs indicate oil encountered at the Moqueta-12 and Mayalito-1 wells in Colombia; First Shipment of Gran Tierra Energy oil sold through the Port of Esmeraldas, Ecuador Gran Tierra Energy Inc. ("Gran Tierra Energy") (NYSE MKT: GTE) ...
Tags: Gran Tierra, Production Update, Colombia
OPEC should realize the reality that higher oil prices are unnatural and the result of geopolitical issues including imposing sanctions on Iran, a situation that will not be helpful to the organization. Former Iran’s governor for ...
While Chinese polyester players are emerging as "too big to fail", their closest rivals from India have hit the slowdown wall as they struggle with poor economies of scale in the event of weak demand from major markets like Europe. The ...
China may raise the price of refined oil on Thursday, which would mark the seventh such increase within a year, industry analysts predicted. The upward adjustment of the refined oil price is predicted to be 100 yuan ($16) per ton, ...
Tags: Refined Oil, Crude Oil
China's top economic planner announced on Thursday that it will raise the per-tonne retail price of gasoline by 160 yuan ($26.08) and diesel by 155 yuan from Friday. The adjustment, following a third consecutive drop on November 14, will ...
Tags: Metallurgy, Mineral, Oil
Numerous orders of Burckhardt Compression’s Laby-GI Compressors for high demanding offshore applications Tuesday, Nov 26, 2013 Burckhardt Compression has been awarded numerous orders for its fully balanced Laby GI Compressor, tailor ...
Tags: numerous, Burckhardt, Compression, Laby-GI, compressor, demanding, offshore
The director for legal affairs of National Iranian Oil Company (NIOC) says buy-back contracts have attracted only 50 billion dollars in investment for Iran’s petroleum industry over 15 years. Under the best circumstances, the ...
OPEC should realize the reality that higher oil prices are unnatural and the result of geopolitical issues including imposing sanctions on Iran, a situation that will not be helpful to the organization. Former Iran’s governor for ...
Tags: OPEC, benefit, high price
China's top economic planner on Thursday announced a slash in the per-tonne retail prices of gasoline by 160 yuan ($26.09) and diesel by 155 yuan, starting from Friday. The adjustment will lower the benchmark retail prices of gasoline by ...
Tags: Fuel Prices c, Fuel Prices