Weak oil demand has limited refinery intake of crude oil for processing into refined products. Read more here.
so do the major oil stocks. Not that surprising except that right now, the companies are putting in lower lows on the price charts while light crude oil itself is holding above a September low.
There are a few factors that can influence the retail price of diesel fuel. These include: The cost of crude oil: Diesel is made from crude oil, so the price of crude oil can have a big impact on ...
Despite recent crude oil and diesel deliveries from Mexico, Cuba continues to struggle with power blackouts and a worsening economic crisis. Fossil fuels are the main source of power on the island ...
That means these engines usually need lower-viscosity oil—oil that is “thinner” and flows more easily to form a cushion of lubrication between two parts. At lower viscosity, synthetic oil ...
The price of oil is the most important value on the international commodity markets. Crude oil is the most important commodity and emerging industrial markets such as China, India and Latin ...
Outselling its closest competition more than 2:1, it’s the American rock titans’ first chart-topper with their new line-up, comprising Mike Shinoda, Brad Delson, Joe Hahn, Dave Farrell ...
Crude oil prices began the week with a loss, after Israel’s retaliatory strike against Iran failed to inflict substantial enough damage, according to the Iranian side, thus reducing the risk of ...
Per a statement by the National Oil Corporation of Libya, Italy’s Eni resumed exploratory drilling in the Ghadames Basin last weekend. The company operates the exploration block where it is ...
Crude oil prices fell for much of Wednesday morning even as major oil companies rallied. Brent crude recovered midday and was trading close to flat, while a basket of U.S. oil and gas exploration ...
In Mumbai, Chennai and Kolkata diesel costs Rs 89.97 , Rs 92.61and Rs 91.76 respectively. India imports about 80% of its oil needs and so domestic pump rates are dependent on international prices ...
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