China's oil demand in November fell 2.1 percent year-on-year to an average 9.9 million barrels a day, according to a report by Platts that was based on China's latest government data. It is the second time that China's oil demand declined ...
Tags: Oil Demand, Energy
Air compressor is the most common industrial device that is used for the safe and convenient use of air. This equipment converts power into kinetic energy usually with the help of electric motor, diesel engine and gasoline engine. The ...
NYMEX February crude settled 87 cents lower at $98.42/barrel Tuesday in low volume, pre-New Year's holiday trade, with the rest of the complex mixed. ICE February Brent settled 41 cents lower at $110.80/b. In products, NYMEX January ULSD ...
Tags: petroleum markets, Mineral
Briquetting is a simple process to make biofuel from various types of waste. In our daily life thousand tons of waste material arise but we do not know that how to utilize it so we ran it inefficiently but briquette machine through we can ...
Tags: Briquetting Plant, Fossil Fuel, Metallurgy, Mineral, Energy
China's fuel oil imports in November plunged 29.7% year on year to 1.46 million mt, General Administration of Customs data released Friday showed. The total was also down 12.4% from October. The volume refers to fuel oil classified as No. ...
Taiwan's CPC and Formosa Petrochemical have both raised domestic retail prices of gasoline and diesel by T$0.50/liter ($0.020/liter) effective Monday, according to the companies' websites. The change raises both refiners' retail prices ...
Tags: Gasoline, Diesel Prices
Tom Biery/Trans Pixs The average U.S. retail diesel price rose 3 cents to end the year at $3.903 a gallon, the Department of Energy reported Dec. 30. The increase followed a 0.2-cent uptick in the previous week and left diesel 1.5 cents ...
Tags: US, retail diesel price, gasoline price
Holiday sales between Nov. 1 and Dec. 24 rose 2.3 percent from the same period the year before, according to preliminary data from MasterCard Inc 's Spending Pulse unit. That marks improvement versus the 0.7 percent gain a year earlier. ...
Tags: holiday sales, MasterCard, SpendingPulse, U.S.retail sales
Infrastructure will remain the watchword as US refiners look to further cement their role as world class product exporters in 2014, improving export capacity and rejigging refineries to increase their output of export-friendly diesel, ...
Tags: Refinery Output, gasoline
China's apparent oil demand in November contracted 2.1% year on year to 40.88 million mt, or an average of 9.99 million b/d, according to Platts calculations Thursday based on final government data released Tuesday. This is the second ...
Tags: Oil Demand, Oil Product
Low corn prices on the heels of near-record yields this year could mean increased demand from ethanol producers, export markets and biofuels consumers, Purdue University Extension agricultural economist Chris Hurt says. A proposal by the ...
Tags: Ethanol, low corn prices, biofuels
The average U.S. price for a gallon of regular-grade gasoline fell 1.7 cents over the past two weeks to $3.26, ending a four-week run of increases, according to a Dec. 22 Lundberg Survey Inc. report. The average price was nearly unchanged ...
Tags: regular-grade gasoline, price for a gallon of regular-grade gasoline
The U.S. diesel average rose 0.2 cent to $3.873 a gallon, the Department of Energy reported Dec. 23. The increase followed a 0.8-cent drop the previous week and left diesel 5 cents below the same week a year earlier. Regionally, the ...
Tags: diesel, diesel price
International Crankshaft Inc. (ICI), a reputable international company operates in the motor vehicle gasoline engine and engine parts manufacturing has joined Japanese steelmaker Nippon Steel & Sumitomo Metal (NSSMC) to build a new forging ...
Tags: Metallurgy, Mineral, Construction
BP announced today all of the major new units associated with the Whiting modernization project have been successfully brought on stream. The start-up of the new 102,000 barrel per day coker in mid-November marked the last major milestone ...