Total US petroleum demand reaches highest level since 2005 Hydrocarbon EngineeringThe API has reported that US petroleum demand hit 20.8 million bpd in July, the highest level since 2005. Read more https://www.hydrocarbonengineering.com/refining …
Downstream Efficiencies, Upstream Prudency Reshaping $16B OMV, Says Oil Company's CEO ForbesIn the global oil and gas sphere, Austria's OMV (VIE:OMV) is a key integrated player in the European market battling operating volatility and the evolvin …
Oil Tumbles on Renewed Demand Worries Morningstar.comOil prices slid on Wednesday, falling alongside stocks and other risky assets, after downbeat economic news from China and Germany fueled *fresh* worries ... Read more https://www.morningstar. …
AI Startup Boom Raises Questions of Exaggerated Tech Savvy The Wall Street JournalEngineer.ai says it uses artificial intelligence to help automate app-development. Current and former staffers say the company inflates its technical prowess to .. …
Capital Perspectives: Crude oil and the U.S. dollar Journal RecordSince crude oil trades almost exclusively in U.S. dollars, its demand from international buyers is influenced substantially by the level at which dollar trades ... Read more http …
Surprise Crude Build Reverses Earlier Oil Price Gains | OilPrice.com OilPrice.comThe American Petroleum Institute (API) has estimated a surprise crude oil inventory build of 3.7 million barrels for the week ending Aug 8, compared to analyst ... …
May River Capital Sells Specialty Packaging Tooling Manufacturer Pride Engineering PRNewswireCHICAGO, Aug. 12, 2019 /PRNewswire/ -- May River Capital, LLC ("May River") today announced that it has sold Pride Engineering, LLC ("Pride" or "the ... …
Aramco Profit Falls on Oil Prices, but Is Still Higher Than Anybody Else's Wall Street JournalSaudi Aramco's first-half net income falls 12% on lower oil prices ReutersSaudi Aramco's first-half net income falls 12% to $47 billion  …
Kuwait committed to implement accord to reduce oil output, says oil minister WTVB NewsDUBAI (Reuters) - Kuwait is "fully committed" to implementing an agreement between oil exporting countries to cut production in order to support crude prices, …
Aramco to Take 20% Stake in Indian Oil Refiner The Wall Street JournalAramco, the state oil giant of Saudi Arabia, said net income for the first half of 2019 came in at $46.9 billion, down from the year-ago period thanks to lower oil ... Read mo …