Petroleum Exporting articles & resources on Made-in-China.com

Oil Prices to Remain Low Well Into 2016

Dec 29, 2015

Crude prices have gone down nearly 30 percent this year, and analysts expect oil prices to remain low for even longer. Boon for consumers Lower oil prices are generally good for US consumers and the economy, said Jason Bordoff, ...

Tags: Oil Prices, Crude Oil

Brent Oil Price Hits 11-year Low amid Oversupply Worries

Dec 22, 2015

Brent oil price hit 11-year low Monday as the market continued to be plagued by an oversupply of crude oil and weakening demand. Brent crude for February delivery decreased 53 cents to close at 36.35 U.S. dollars a barrel on the London ...

Tags: Brent oil, Oil prices

USW Obiected to Lifting The Long-Standing Crude Oil Export Ban

Aug 3, 2015

Leo W. Gerard, international president of the United Steelworkers (USW), has testified before the US Senate Banking, Housing and Urban Affairs Committee, reiterating his opposition to lifting the long-standing crude oil export ban, ...

Tags: crude oil, export ban

Retail Fuel Prices Will Be Lowered Slightly

Jul 8, 2015

Global woes drag crude prices, as demand continues to decline in China Retail fuel prices will be lowered slightly from Wednesday to better reflect the global fall in crude prices and the glut in the market, the nation's top economic ...

Tags: Gasoline Price, Crude Prices

US Agencies Laid Down Standards for Medium-and Heavy-Duty Vehicles

Jun 24, 2015

US agencies for environment and safety regulations have laid down standards for medium- and heavy-duty vehicles, envisaging reduction of CO2 emissions by one billion tons, fuel costs by $170bn and oil consumption by 1.8 billion by 2027. ...

Tags: GHG Emission, Fuel Efficiency

Low Price of Gas Impact The Sale of Electric Cars

Jan 23, 2015

Low price of gas could impact the sale of electric cars, according to BMW which is planning to introduce electric models of its top selling cars. Bloomberg cited BMW's head of sales and marketing Ian Robertson as saying that the sale of ...

Tags: gas prices, hybrid eco-friendly vehicles, Auto

China Is Likely to Slash Gasoline and Diesel Prices in The Coming Week

Dec 21, 2014

China is likely to slash gasoline and diesel prices in the coming week due to sluggish domestic demands and a continuing crude price slump in the global market. The modern industries and living environments are built on the base of ...

Tags: Oil Prices, Mineral

Platt Fell to 29.7 Million Barrels Per Day (B/D) in November

Dec 19, 2013

Platts – Oil production from the Organization of the Petroleum Exporting Countries (OPEC) fell to 29.7 million barrels per day (b/d) in November, the lowest volume since mid-2011 when the uprising in Libya significantly reduced the ...

Tags: Platts, OPEC, oil production, Platts survey of OPEC

Crude Oil Production From The OPEC Remained Unchanged at 29.93 Million Barrels Per Day

Nov 15, 2013

Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) remained broadly unchanged at 29.93 million barrels per day (b/d) in October following production of 29.91 million b/d in September, a just-released ...

Tags: crude oil, OPEC, pump, platt

Global Demand for Naphtha Will Expand Faster Than Any Other Light Products Through 2020

Nov 14, 2013

Global demand for naphtha will expand faster than any other light products through 2020, spurred by rising needs of the petrochemical industry in Asia, as per the latest report by the Organization of Petroleum Exporting Countries (OPEC). ...

Tags: naphtha, light products

U.S. Crude-Oil Futures Settled 1% Lower Friday

Oct 14, 2013

U.S. crude-oil futures settled 1% lower Friday after the International Energy Agency warned that the U.S. fiscal crisis could harm demand and said supplies are rising faster than previously thought. Light, sweet crude oil for November ...

Tags: crude-oil, global oil demand

World Oil Demand Will Rise by 1.1% This Year to 90.26 Million Barrels a Day

Oct 10, 2013

World oil demand will rise by 1.1% this year to 90.26 million barrels a day, with gains coming from countries outside of the major industrialized nations, a U.S. government forecast said Tuesday. The Energy Information Administration said ...

Tags: Oil Demand, Oil Use

Oil Markets Are Currently Balanced and Inventories Are at Excellent Levels

Sep 29, 2013

Oil Markets are currently balanced and inventories are at excellent levels, but the geopolitical situation is having an impact on prices, Saudi Oil Minister Ali al-Naimi said Tuesday. "The market is in a very good position, supplies are ...

Tags: Oil Markets, Syria crisis

One of The Priorities of Iran's Oil Ministry Is to Restore The Country's 'lost' Share

Aug 22, 2013

One of the priorities of Iran's Oil Ministry is to restore the country's "lost" share in oil market, local media quoted Iranian Oil Minister Bijan Namdar-Zanganeh as saying on Monday. Namdar-Zanganeh, who was endorsed as new oil minister ...

Tags: Oil Market, Energy

Possible Deals Said to Be in The Works with Exxon Mobil,Russia's Lukoil

Aug 15, 2013

Possible deals said to be in the works with Exxon Mobil, Russia's Lukoil PetroChina Co, China's largest oil explorer, may join with United States-based energy giant Exxon Mobil Corp to co-develop the West Qurna oilfield in Iraq, which ...

Tags: Petrochina, Chemicals

Petroleum Exporting

Related Products