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China's Refinery Throughput Rose 4.3% Year on Year

Aug 13, 2015

China's refinery throughput rose 4.3% year on year to 43.54 million mt or an average 10.30 million b/d in July, preliminary data from the National Bureau of Statistics showed Wednesday. The July rate was down slightly from 10.59 million ...

Tags: Refinery, oil demand

New Automotive Insights Laboratory to Be Launched by Capgemini

Jan 21, 2015

Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, today announced the launch of its new Automotive Insights Laboratory, as part of its new AutomotiveConnect offer. The new digital virtual ...

Tags: car purchasing, aftermarket service, customer relationships, Auto

US Crude Production Rose 68,000 B/D to 7.939 Million B/D in January

Apr 1, 2014

US crude production rose 68,000 b/d to 7.939 million b/d in January, its highest monthly tally since December 1988, when production was 7.942 million b/d, according to monthly US Energy Information Administration oil data released Friday. ...

Tags: crude production, crude, Mexico production

An Average Oil Price of $81/B for Saudi Export Crude Is Needed to Balance State Revenues

Dec 27, 2013

An average 2014 oil price of $81/b for Saudi export crude, or about $85/b for Brent, is likely to be needed for Saudi Arabia to balance state revenues with government spending in the coming year as oil production declines to 9.3 million ...

Tags: Balance Budget, Oil Output

Europe's Oil-refining Businesses Will Have to Slim Down Further

Sep 23, 2013

Europe's oil-refining businesses will have to slim down further and then pump billions of dollars into what remains, the head of one of Europe's leading oil trade associations said Thursday. Michel Bénézit, president of ...

Tags: Chemicals, Metallurgy, Mineral, Energy

China's Apparent Oil Demand in June Surged 11.7% Year on Year to 40.89 Million Mt

Jul 18, 2013

China's apparent oil demand in June surged 11.7% year on year to 40.89 million mt, or an average 9.99 million b/d, according to Platts' estimates Monday, based on the latest preliminary government data. This is the highest growth rate ...

Tags: Chemicals, oil, Metallurgy, Mineral, Energy

Weekly Oil Data Should Show a 1 Million-Barrel Draw in US Commercial Crude Inventories

Jan 4, 2013

Weekly oil data from the US Energy Information Administration and the American Petroleum Institute should show a 1 million-barrel draw in US commercial crude inventories for the week ending December 28, analysts polled by Platts said ...

Tags: oil data, US Energy Information Administratio, crude inventories