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Analysts expected distillate stocks to decline by 400,000 barrels. (manufacturing.net)
More recent updates include the unplanned supply disruption in Libya (resulting in approximately 400,000 barrels of oil equivalent (boe)/d). (accenture.com)
Japan is said to import 400,000 barrels of oil per day from Iran - 12 percent of Japan's oil imports. (csmonitor.com)

Arguably more recent high frequency storage data indicates that the inventory build has slowed down on the back of a sharp decline in US crude oil production. (goldmoney.com)

Leading speciality chemicals and oil and gas solutions company, Eunisell Limited, has been recognised for exceptional and consistent provision of production chemicals on the Bonga FPSO for 2023. (wn.com)
During 2022, the industrial production index recorded positive growth rates that peaked in April 2022, the annual growth rates began to gradually decrease from month to another since May 2022, to recorded a 6.8 percent increase in January 2023," said GASTAT in the report. (arabnews.com)

The RAC said drivers are "in for a hard time at the pumps" as increasing demand from China and production cuts by Saudi Arabia and Russia are sparking a hike in oil prices. (yahoo.com)
Untapped resources: Adapting the technology that powered the shale oil boom in Texas to the deserts of Saudi Arabia and elsewhere could produce 141 billion barrels of crude, research firm IHS says. (businessreport.com)
The US fears that Saudi Arabia , the world's largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in Riyadh show. (blogspot.com)
According to the cables, which date between 2007-09, Husseini said Saudi Arabia might reach an output of 12m barrels a day in 10 years but before then - possibly as early as 2012 - global oil production would have hit its highest point. (blogspot.com)
A fourth cable, in October 2009, claimed that escalating electricity demand by Saudi Arabia may further constrain Saudi oil exports. (blogspot.com)
Given that Saudi Arabia has an unrivalled role in global oil markets, the message was one of which we should all take note. (theoildrum.com)
Mining and quarrying activities witnessed a surge in January, as Saudi Arabia increased its oil production to more than 10 million barrels per day. (arabnews.com)
In February, the Ministry of Industry and Mineral Resources, in its monthly report, revealed that industrial investments in Saudi Arabia rose SR32.03 billion ($8.54 billion) in 2022 as the Kingdom continues to steadily diversify its economy in line with the goals outlined in Vision 2030. (arabnews.com)
According to the report, the total volume of industrial investments in Saudi Arabia until December 2022 stood at SR1.428 trillion. (arabnews.com)

Pipelines, refineries and tank farms all rely heavily on industrial control systems to maintain smooth, safe operations. (deloitte.com)
4. PRODUCTION, IMPORT/EXPORT, USE, AND DISPOSAL required to produce the crude oil, transport it to refineries, and convert the natural petroleum into a variety of end products and chemical feedstocks. (cdc.gov)

A general classification for the heavier oils, known as No. 5 and No. 6 fuel oils, that remain after the distillate fuel oils and lighter hydrocarbons are distilled away in refinery operations. (indexmundi.com)
Saudi oil refinery. (blogspot.com)
A worker gestures toward pipelines at the port and Zawiya Oil Refinery in Libya. (arabnews.com)
Also, Libyan state oil firm NOC said it is considering the closure of its western Zawiya port and evacuating staff from the refinery due to clashes nearby. (arabnews.com)
Commercial techniques for producing xylenes, toluene, butadiene, butylenes, and propylene also involve simple adaptations of modern oil refinery technologies. (cdc.gov)
Some specific refinery-generated hydrocarbons are blended into gasolines or fuel oils to enhance some desired property. (cdc.gov)

The bitcoin mining industry consumes 22.5 TWh of energy annually, which amounts to 13,239,916 barrels of oil equivalent. (rt.com)
With 12.5 bitcoins being mined every 10 minutes, that means the average energy cost of one bitcoin would equate to 20 barrels of oil equivalent. (rt.com)
The recent unplanned supply disruption in Libya (resulting in almost 550,000 barrel of oil equivalent (boe)/day being taken out of the supply mix 3 ) adds to the concern. (accenture.com)

Brent crude, the oil price benchmark, ended Monday at 94 US dollars per barrel, its highest price since mid-November 2022. (yahoo.com)
At this point, we believe wave B lower is complete and we can expect Brent to start climbing higher targeting a minimum of $100 a barrel into early 2024. (fxstreet.com)
In a dramatic turn of events, the global oil market will witness a resurgence, with Brent crude prices reaching the coveted $100 per barrel mark. (fxstreet.com)
Brent Crude fell sharply from $88/bbl to around $84/bbl. (5paisa.com)
Brent crude futures were up 40 cents, or 0.6 percent, at $68.56 a barrel. (arabnews.com)
Brent crude, used to price international oils, gained 19 cents to $76.69 a barrel. (foxbusiness.com)
1-60 month ICE Brent time-spreads moved from -USD20.64/bbl in January to -USD8.82/bbl at the time of writing. (goldmoney.com)

Crude supplies grew by 1.7 million barrels, or 0.5 percent, to 366.4 million barrels, which is 8.5 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report. (manufacturing.net)
Analysts expected a 1.5-million barrel rise for the week ended Oct. 5, according to Platts, the energy information arm of McGraw-Hill Cos. (manufacturing.net)
Demand for gasoline over the four weeks ended Oct. 5 was 3.3 percent less than a year earlier, averaging 8.7 million barrels a day. (manufacturing.net)
Supplies of distillate fuel, which include diesel and heating oil, shrank by 3.2 million barrels to 120.9 million barrels. (manufacturing.net)
Over the century-long history of the industry, 420 million tons of oil have been extracted from the bowels of the earth. (wikipedia.org)
At the end of the 19th century, 7 English companies with a capital of 11 million rubles established themselves in the Grozny oil-industrial region, relegating the French Rothschilds, who had previously occupied a leading position among foreign firms, to the background. (wikipedia.org)
Checheno-Ingushetia was the second oil center of the USSR after Azerbaijan (the average oil production by the beginning of the Second World War was from 3 to 4 million tons annually, and its explored reserves amounted to 1.5 billion). (wikipedia.org)
Pakistan's current annual consumption of oil is only 150 million barrels. (riazhaq.com)
Since 2021, daily oil demand has exceeded supply by more than one million barrels. (accenture.com)
By 4Q21, the excess demand peaked at 2 million barrels/day. (accenture.com)
Oil prices were also supported by declining US crude stocks, which fell by 5.5 million barrels in the week to Dec. 20, far exceeding a Reuters poll forecast for a 1.7-million-barrel drop. (arabnews.com)
Total global commercial petroleum stocks are now at an all-time high, up 285 million barrels year-over year and 550 million barrels above the 5-year average (see Figure 1). (goldmoney.com)
OPEC agreed last month to reduce supplies to under 33 million barrels per day. (moneymorning.com)
Most Iranian earnings come from oil sales that have run at an average of 2.7 million barrels a day. (csmonitor.com)
But Western oil company executives say the Iranians recently increased their exports up to 3 million barrels a day. (csmonitor.com)
Department, and the U.S. Coast Guard to conduct a health hazard evaluation during the cleanup of more than 10 million gallons of oil spilled in Prince William Sound, Alaska on March 24, 1989. (cdc.gov)

Nations heavily dependent on oil exports may see increased revenues while oil-importing countries could face economic challenges. (fxstreet.com)

Together, oil and gas will make up more than 50% of the total energy supply in 2022. (accenture.com)
Together, these factors will ensure that oil prices remain high and markets tight-despite the recent 260,000 boe/day drop in estimated oil demand in 2022, especially from China. (accenture.com)
IEA Oil Market Report Feb2022 Outlook for 2022 reported in 'Russian supply blow shakes global oil output picture - IEA,' Reuters, March 16, 2022, factiva.com and 'Tighter oil market confirmed by IEA demand revision', Reuters, February 15, 2022, factiva.com. (accenture.com)
The ministry revealed that from January 2022 to December 2022, 1,023 factories started operations, with investments amounting to SR28.79 billion, while 964 industrial licenses were issued. (arabnews.com)

The top ten countries by shale oil reserves include Russia (75 billion barrels), United States (58 billion barrels), China (32 billion barrels), Argentina (27 billion barrels), Libya (26 billion barrels), Venezuela (13 billion barrels), Mexico (13 billion barrels), Pakistan (9.1 billion barrels), Canada (8.8 billion barrels) and Indonesia (7.9 billion barrels). (riazhaq.com)

That's why it may be trying to shift some of the blame for the massive undersea leak to Transocean, which was running the rig that exploded on April 20 and eventually sank, leaving one of the worst oil spills in history in its wake. (theoildrum.com)

Oil is paraffinic, with a high content of light fractions (in particular, gasoline). (wikipedia.org)
The disastrous oil spill off the coast of Louisiana isn't expected to affect U.S. gasoline prices in the short term, but it could produce a longer-term hit if offshore oil drilling is curbed or made more expensive with new regulations and safety measures. (theoildrum.com)
For the heavier fractions, a variety of technologies convert large hydrocarbon molecules from the distilled crude oil into lighter compounds that can be used as motor gasoline, aviation fuel, or fuel oil. (cdc.gov)

In morning trading benchmark crude rose $1.10 to $92.35 a barrel in New York. (manufacturing.net)
ENERGY: Benchmark U.S. crude added 12 cents to $67.89 a barrel. (foxbusiness.com)

The US EIA report estimates Pakistan's total shale oil reserves at 227 billion barrels of which 9.1 billion barrels are technically recoverable with today's technology. (riazhaq.com)
Even if it more than triples in the next few years, the 9.1 billion barrels currently technically recoverable would be enough for over 18 years. (riazhaq.com)
And with newer technologies on the horizon, the level of technically recoverable shale oil and gas resources could increase substantially in the future. (riazhaq.com)
Husseini said that at that point Aramco would not be able to stop the rise of global oil prices because the Saudi energy industry had overstated its recoverable reserves to spur foreign investment. (blogspot.com)
It went on: "In a presentation, Abdallah al-Saif, current Aramco senior vice-president for exploration, reported that Aramco has 716bn barrels of total reserves, of which 51% are recoverable, and that in 20 years Aramco will have 900bn barrels of reserves. (blogspot.com)
A report by the North Dakota Department of Mineral Resources indicates there may be nearly as much recoverable oil from the Three Forks formation as in the Bakken shale. (theoildrum.com)

Pakistan has more shale oil than Canada, according to the US Energy Information Administration (EIA) report released on June 13, 2013 . (riazhaq.com)
The availability of large domestic shale oil and gas expands the opportunity to reduce Pakistan's dependence on imports to overcome the current energy crisis and to fuel the industrial economy. (riazhaq.com)

The main owners of the Grozny oil fields were the world's largest oil companies and concerns: Nobel, Shell, Oil, Tweedy-Andreis, etc. (wikipedia.org)

The Grozny region of oil and gas fields is part of the North Caucasian oil and gas region of Russia. (wikipedia.org)
For the last few months, Russia and EU have been fighting a battle of attrition over oil price caps with Russia even threatening to cut oil supplies to the EU. (5paisa.com)
The price cap of $65-70 per barrel may be a level that would suit the EU buyers and would also suit Russia since they would still make a decent margin on the sale of oil. (5paisa.com)
Anyways, today Russia is selling Russian oil to countries like India, Turkey and China at a discount since Russian oil is under US sanctions. (5paisa.com)
The middle path worked out for EU was that they would be able to buy Russian oil based on price caps so that Russia cannot make big profits on its oil sales. (5paisa.com)
For Russia, it would be status quo and would reduce its incentive to sell oil to countries like China and India at steep discounts. (5paisa.com)
If the price cap is kept too low, Russia may prefer to supply oil to China and India instead of EU. (5paisa.com)
Russia is already selling crude at discount and the current price cap of $65-70/bbl would probably serve all the parties quite well. (5paisa.com)
Of course, some European nations have complained that this price was too high compared to the pre-war prices, but EU would have to offer at least these levels to keep Russia interested in supply oil to the EU region. (5paisa.com)
Russian oil anyways trades at around $65/bbl, so it may not be much of an issue for Russia. (5paisa.com)
If the G-7 price cap for Russian oil is set at the same level, it wouldn't do much harm to Russia. (5paisa.com)
The imperative for oil and gas companies, working in concert with governments, is to mitigate the potential disruption of supplies from Russia. (accenture.com)

Motorists are being warned over rising fuel prices as the cost of a barrel of oil approaches 100 US dollars. (yahoo.com)
The OPEC+ alliance, comprising the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers, has played a pivotal role in shaping oil prices. (fxstreet.com)
Any shifts in these dynamics, such as adjustments to production quotas, can send shockwaves through the oil market, influencing prices. (fxstreet.com)
The increased demand, coupled with supply challenges, will contribute to the upward trajectory of oil prices. (fxstreet.com)
Financial markets and investor sentiment also play a crucial role in shaping oil prices. (fxstreet.com)
Speculation, trading patterns, and macroeconomic factors can lead to fluctuations in oil prices. (fxstreet.com)
Higher oil prices often translate into increased costs for businesses and consumers. (fxstreet.com)
Elevated oil prices have a direct impact on energy costs, affecting households and industries alike. (fxstreet.com)
Oil prices fall as EU hints at Russian cap of $70/bbl-Your browser does not support the audio element. (5paisa.com)
The cap prices is the price above which Russian oil will not be purchased by the EU. (5paisa.com)
Why have oil prices fallen so sharply in recent weeks? (5paisa.com)
It would also please the US since Russia's oil prices realizations would be constricted. (5paisa.com)
In April 2021, Eurozone industrial prices increased by 1% compared to March. (circulodeempresarios.org)
Crude oil prices returned to 2019 levels after the decreases in 2020 caused by the fall in demand, oversupply and poor expectations as a result of the outbreak of the pandemic. (circulodeempresarios.org)
Many analysts expect that the Saudis and their Opec cartel partners would pump more oil if rising prices threatened to choke off demand. (blogspot.com)
However, Sadad al-Husseini, a geologist and former head of exploration at the Saudi oil monopoly Aramco, met the US consul general in Riyadh in November 2007 and told the US diplomat that Aramco's 12.5m barrel-a-day capacity needed to keep a lid on prices could not be reached. (blogspot.com)
The global forecast for the Asian markets is flat to higher, nudged into the green by gains in crude oil prices. (nasdaq.com)
Oil prices moved higher on Tuesday, fueled by storm-driven production cuts on the U.S. Gulf Coast as traders look ahead to weekly inventory data. (nasdaq.com)
But until those get under way, investors are paying attention to whether the tech sector can follow through with a recent gain and whether oil prices can pull out of a slump. (foxbusiness.com)
While broader markets have been relatively calm, oil prices have not, and there's concern that a further drop in oil prices could rattle the broader market. (foxbusiness.com)
If it drops below that, markets could see prices fall to below $42 or $40 a barrel. (foxbusiness.com)
LONDON: Oil prices rose to three-month highs on Monday, underpinned by optimism over an expected China-US trade deal and upbeat industrial data, while traders kept a close watch on the Middle East following US airstrikes in Iraq and Syria. (arabnews.com)
Oil prices continue to remain supported near frothy levels as tensions in the Middle East could see key disruptions in the region, shrinking US stockpiles alleviate oversupply concerns and the US and Chinese look to wrap up the phase-one trade deal," said Edward Moya, senior market analyst at OANDA. (arabnews.com)
Global stocks are continuing their recovery from last week's "Brexit" shock, and oil prices are still on the rise . (schaeffersresearch.com)
Oil prices have rallied sharply from their January lows. (goldmoney.com)
Longer-dated oil prices have remain almost unchanged. (goldmoney.com)
In our view, either near-dated crude oil prices will sell off again or longer dated prices appreciate. (goldmoney.com)
Gold prices are driven by longer-dated energy prices while changes in oil spot prices have little to no effect. (goldmoney.com)
We estimate that in order for time-spreads to move back in line with inventories, either front end prices have to sell off by USD10-15/bbl or the back end has to appreciate USD15-20/bbl. (goldmoney.com)
Pioneer Resources announced in their recent earnings call that they would add rigs once oil prices reach USD50/bbl. (goldmoney.com)
The Dow Jones Industrial Average pushed lower thanks to a slump in oil prices and energy stocks. (moneymorning.com)
The Dow Jones fell 52 points on Monday, as investors weighed a speech from Fed Vice Chair Stanley Fischer and falling oil prices battered energy stocks. (moneymorning.com)
Here's more on why oil prices are on the move. (moneymorning.com)

Goldman Sachs analysts, and some others, are of the opinion oil will reach $200 a barrel which will change the financial logic behind many transactions. (chinaeconomicreview.com)
And analysts say Arab countries will find it difficult to convince the industrial nations to stay away from the highly profitable Iranian markets. (csmonitor.com)

and climatic and geographical conditions differentiate this release from past oil spills. (cdc.gov)

That kind of price makes it one of the most valuable commodities on the planet and, just like oil, this commodity is increasingly valuable to mine if the energy costs can be kept down. (rt.com)
The measure grants state legislatures the authority to license and regulate the commercial production of hemp as an industrial and agricultural commodity. (norml.org)

Economic activities, travel, and industrial production have rebounded, driving up the need for energy resources. (fxstreet.com)
Gains in the energy sector as the price of oil rose to top US$80 a barrel helped Canada's main stock index climb more than 200 points in late-morning trading, while U.S. stock markets also traded higher. (castanet.net)
Energy-hungry machines are now doing more and more of the work at much higher levels of productivity than humans and animals who did it in pre-industrial era. (riazhaq.com)
Unless the world's top oil producer tackled inefficiencies in its energy system, the kingdom's stockpile of crude for export was in danger of falling by as much as 3m barrels per day by 2028, he said. (theoildrum.com)
Their growing populations and transportation sectors, coupled with lower investment in clean energy, means that there are few alternatives to oil. (accenture.com)
All the while, investors are still keeping an eye on the energy sector, which is dealing with volatility in the price of oil. (foxbusiness.com)
Other than decimating energy shares, a prolonged drop in the price of oil could spread to other sectors, he said. (foxbusiness.com)
The index for nondurable materials edged down in June, while gains in both oil production and electricity generation helped boost the index for energy materials 0.8 percent. (federalreserve.gov)

NIOSH's response focused primarily on industrial hygiene assessment of potential occupational exposures [benzene and other volatile organic compounds, oil mist, polynuclear aromatic hydrocarbons (PNA's), diesel fumes, and noise] during typical tasks performed by the majority of the 11,000 workers involved in the 1989 cleanup activities. (cdc.gov)

Dan Gilmore, editor-in-chief, of Supply Chain Digest in a long article looks at the problems that will arise when petroleum reaches $200 a barrel, which is something that now seems inevitable. (chinaeconomicreview.com)
The petroleum refining industry has tried to find profitable uses for both the lighter and heavier crude oil fractions. (cdc.gov)

Geological exploration of the Grozny oil-bearing region began in the second half of the 19th century, and industrial production began in the 1890s. (wikipedia.org)

Before the start of this month the highest oil price of the year was 88 US dollars in January. (yahoo.com)
However, if oil were to hit 100 US dollars, it should really only take the average petrol price up by another 2p. (yahoo.com)
The latest salvo has come in the form of the EU hinting at a price cap of between $65 and $70 per barrel. (5paisa.com)
Even assuming a price cap of $65-$70, it leaves Russian oil drillers with enough margin over and above the cost of production. (5paisa.com)
However, price caps may eventually end up legitimizing Russian sales of oil in the country. (5paisa.com)
Incidentally, India may have a problem going ahead as the price cap would ban companies from providing shipping and insurance service to Russian oil anywhere in the world unless the oil is sold below the threshold. (5paisa.com)
Mak Engine Oil product price in India ranges from 105 to 395 INR and minimum order requirements from 1 to 400. (tradeindia.com)
The revelation comes as the oil price has soared in recent weeks to more than $100 a barrel on global demand and tensions in the Middle East . (blogspot.com)
Crude oil time-spreads (the delta between the spot price of oil and the futures price) are a function of inventory levels. (goldmoney.com)
Product Brief: 7.5kw oil lubricated Screw air compressor 380V/3ph/50Hz we could also customized other voltage all warranty is one year , because it is factory price , if you give customer 2 years is also okay , but. (ecvv.com)
The price of crude oil today fell again as traders grew increasingly more concerned about oversupply on the global markets. (moneymorning.com)

In New York, the Dow Jones industrial average was up 350.26 points at 29,485.25. (castanet.net)
The Dow Jones Industrial Average paced indexes as Boeing Co surged after the company ousted Chief Executive Officer Dennis Muilenburg. (straitstimes.com)
The Dow Jones Industrial Average (DJIA) is looking to put its losing ways in the rearview , with futures pointed sharply higher despite a continued sell-off in China . (schaeffersresearch.com)
Futures on the Dow Jones Industrial Average (DJIA) are 109.4 points above fair value. (schaeffersresearch.com)
New York's Dow Jones industrial average lost 249.85 points to 9,712.73, the Nasdaq composite index dipped 52.44 points to 2,045.11 and the S&P 500 index dropped 29.93 points to 1,036.18. (advisor.ca)
Dow Jones Industrial Average (DJIA) futures are well above fair value again today, signaling another triple-digit pop at the open . (schaeffersresearch.com)
At 93.1 percent of its 2007 average, total industrial production in June was 3.4 percent above its year-earlier level. (federalreserve.gov)

MEXICO CITY (Reuters) - Mexico's state oil monopoly Pemex expects to borrow another $6.3 billion this year to fund its capital investments and refinance existing debts. (theoildrum.com)

Which Countries Are Most (and Least) Vulnerable to $100 Per Barrel Oil? (usfunds.com)

The STI finished modestly higher on Tuesday following gains from the financials, properties and industrials. (nasdaq.com)

Every modern, industrial society in history has gone through a 20-year period where there was extremely large investment in the power sector, and availability of ample electricity made the transition from a privilege of an urban elite to something every family would have . (riazhaq.com)
In the coming week, the markets will also be looking out for Chinese data, including the country's year-on-year foreign direct investment and industrial output. (foxbusiness.com)
RIYADH: Saudi Arabia's Industrial Production Index rose 6.8 percent year-on-year in January, driven by high production in mining and quarrying, and manufacturing activities, according to the latest report released by the General Authority for Statistics. (arabnews.com)
At a meeting in Baghdad, foreign ministers from Arab League countries decided Wednesday to ask major industrial nations to stop dealing with Iran, its opponent in the 31/2-year Gulf war. (csmonitor.com)

West Texas Intermediate crude futures jumped 73 cents or 1.7 to $43.35 a barrel. (nasdaq.com)
West Texas Intermediate (WTI) crude futures rose 10 cents, or 0.2 percent, to $61.82 a barrel. (arabnews.com)

On May 28, 2010, the National Institute for Occupational Safety and Health (NIOSH) received a request for a health hazard evaluation (HHE) from BP management concerning health effects experienced by responders to the oil release. (cdc.gov)
In the weeks that followed, teams of NIOSH industrial hygienists, medical officers, and other occupational health specialists conducted on-site investigations at locations throughout the Gulf region to collect quantitative and qualitative data on potential worker exposures, health symptoms, work practices and procedures, and work organization. (cdc.gov)

The November crude contract was up US$2.37 at US$80.87 per barrel and the November natural gas contract was down six cents at US$6.70 per mmBTU. (castanet.net)

Production agreements and decisions made by OPEC+ member countries have a direct impact on global oil supply. (fxstreet.com)
Oil production, which at that time was carried out by artisanal methods, peaked in 1885 at 77,000 poods (1 pood = 16.3 kg). (wikipedia.org)
The beginning of industrial oil production was laid back in 1893, when the first fountain of oil gushed from a depth of more than 130 meters in the Starogroznensky district. (wikipedia.org)
Surprisingly, couple of years back, while I was visiting Karachi and was invited by Nooruddin Ahmed (a friend from my tenure in NED, 1963-67) to a speech by Dr. Samarmand at the Institution of Engineers, I enquiring of him if Shale in Pakistan has any potential for oil production and clearly remember him telling me that the Shale in Pakistan is not hydrocarbon bearing so there is no such possibility. (riazhaq.com)
No. 6 fuel oil includes Bunker C fuel oil and issued for the production of electric power, space heating, vessel bunkering, and various industrial purposes. (indexmundi.com)
While fears of premature "peak oil" and Saudi production problems had been expressed before, no US official has come close to saying this in public. (blogspot.com)
EDT) July 15, 2011 Industrial Production and Capacity Utilization Industrial production increased 0.2 percent in June after having edged down 0.1 percent in May. (federalreserve.gov)
For the second quarter as a whole, total industrial production increased at an annual rate of 0.8 percent. (federalreserve.gov)
The production of business equipment declined 0.7 percent in June, with transit equipment and information processing equipment recording decreases of 1.9 percent and 1.4 percent, respectively, and industrial and other equipment being little changed. (federalreserve.gov)
Eight states - Colorado, Maine, Montana, North Dakota, Oregon, Vermont, Washington, and West Virginia - have enacted statutory changes defining industrial hemp as distinct agricultural product and allowing for its regulated commercial production. (norml.org)
IPI is an economic indicator that reflects the relative changes in the volume of industrial output in the Kingdom, and it is calculated based on the industrial production survey. (arabnews.com)

How many barrels of oil are needed to mine one bitcoin? (rt.com)
Mining bitcoin has the potential to be a wildly lucrative business, with a single Bitcoin now valued at more than 100 barrels of oil. (rt.com)
This is industrial-scale bitcoin mining, and some of these companies are worth tens of millions of dollars, according to Bloomberg. (rt.com)

Home Uncategorized News roundup: Shale tech could squeeze 141 billion barrels from oil fields. (businessreport.com)
In an interview on Iranian TV last week, Hojatolislam Rafsanjani hinted that Iran might use the estimated 7 billion barrels reserve of the Majnoon Island to finance reconstruction in war-ravaged areas. (csmonitor.com)

The global oil cartel will be meeting in Vienna, Austria, in November to bolster its agreement. (moneymorning.com)

The concern has been that the COVD restrictions on China could sharply crimp oil demand. (5paisa.com)

For the last few days, oil has been gradually drifting lower due to concerns over demand. (5paisa.com)
If oil gets to $40 a barrel or lower, that could be alarming for markets,' said Themis Trading's Kepner. (foxbusiness.com)
The Dow Jones industrials lagged, following lower guidance from Cisco Systems, acknowledging that supply chain issues will affect current-quarter revenue. (247wallst.com)

WASHINGTON (Reuters) - Plans by U.S. President Barack Obama to expand oil drilling off the eastern coast of the United States are "dead on arrival" in Congress after the massive oil spill in the Gulf of Mexico, Democratic Senator Bill Nelson said on Tuesday. (theoildrum.com)

The optimists may have long been winning the peak oil media battle - as Matt Simmons observes - but we are beginning to see information coming out on the business pages that allows us to piece together a more balanced story. (theoildrum.com)

It was delivered by Khaled al-Falih, head of Saudi Aramco, the kingdom's state-owned oil group, and his message was blunt. (theoildrum.com)

They will be able to supply oil and gas to Europe without any disruptions. (5paisa.com)

Oil was extracted from wells no deeper than two arshins, from which it was simply scooped out with a bucket. (wikipedia.org)

The oil market has been grappling with Geopolitical tensions, conflicts, and unexpected outages that have led to a significant reduction in the availability of oil on the global stage. (fxstreet.com)
Unforeseen events in major oil-producing regions have created an environment where supply struggles to meet the growing global demand. (fxstreet.com)
We believe six priority actions will help oil and gas companies become stronger, more agile, and more responsive to global circumstances. (accenture.com)
From a geographic perspective, developing economies are expected to be the main drivers of global oil demand moving forward. (accenture.com)
Even as OPEC and its non-OPEC partners endeavor to make additional supply cuts in Q1 2020, we are not convinced this will be sufficient to avert large global inventory," said Harry Tchilinguirian, global oil strategist at BNP Paribas. (arabnews.com)

At 11.20 am on 10th August 1925, lightning ignited an oil depot near Coalinga, California. (nationalgeographic.com)

It features a solid brass pump barrel, nozzle and shut-off, a 24-inch extension, and a 48-inch reinforced hose. (homedepot.com)

the output of information processing equipment fell, and the output of industrial and other equipment was little changed. (federalreserve.gov)
The output of materials to be further processed in the industrial sector increased 0.5 percent in June. (federalreserve.gov)

In an earlier statement, the fire department described the blaze as a "crude oil tank fire. (sott.net)
Schmitz and Bousack created simulations of the oil depot blaze, using methods commonly used to assess fire safety and risk. (nationalgeographic.com)

The contract dropped 1.4 percent to settle at $67.77 a barrel in New York. (foxbusiness.com)
It lost 1 percent to $76.50 a barrel in London on Thursday. (foxbusiness.com)

As the world recovers from the economic impacts of the COVID-19 pandemic, there has been a resurgence in demand for oil. (fxstreet.com)

The most prized fractions were liquids at normal room temperatures that could be used as fuels in engines or as heating oils. (cdc.gov)

Nelson, of Florida, made the prediction to reporters at a news conference as BP Plc was struggling to stop oil gushing from a ruptured undersea well in the Gulf of Mexico. (theoildrum.com)
Bloomberg) -- Oil from a leaking BP Plc well in the Gulf of Mexico reached the Louisiana shore in the area of the Chandeleur Islands. (theoildrum.com)
When BP looks at the spreading oil slick in the Gulf of Mexico that now threatens flora, fauna and livelihoods along the coasts of Louisiana, Mississippi, Alabama and Florida, it's really seeing money floating away on the tide. (theoildrum.com)
The April 20, 2010, explosion and collapse of the BP Deepwater Horizon oil platform in the Gulf of Mexico resulted in the release of millions of barrels of oil into Gulf waters. (cdc.gov)

Discover 51 products from Mak Engine Oil manufacturers, suppliers, distributors, and dealers across India. (tradeindia.com)

The research shows that after injection into the model, CO2 preferentially diffuses into the large pore space and forms a miscible area with crude oil through interphase mass transfer, and the miscible area expands continuously and is pushed to the outlet by the high CO2 concentration area. (bvsalud.org)

These plans included interviews, health symptom surveys, and on-site industrial hygiene assessments of response work activities similar to those performed by the fishermen. (cdc.gov)
In contrast to the offshore evaluations, which relied on traditional industrial hygiene exposure assessment methodologies and quantitative exposure monitoring to identify potential hazards, the onshore assessment relied on qualitative assessment techniques, including the use of professional judgment and expertise during observations of onshore work activities. (cdc.gov)

Anatomy2

Chemicals and Drugs8

Technology, Industry, Agriculture3

Health Care1

400,000 barrels3

Crude Oil Produc1

20232

Saudi Arabia9

Refineries2

Refinery6

Equivalent3

Brent7

Million16

Exports1

20224

Libya1

Leak1

Gasoline3

Benchmark2

Recoverable6

Shale oil2

World's largest1

Russia12

Prices33

Analysts2

Spills1

Commodity2

Energy8

Hydrocarbons1

Petroleum2

Exploration1

Price11

Average7

Mexico's1

Vulnerable1

Gains1

Year4

Futures2

Niosh2

Cents1

Production11

Bitcoin3

Billion2

Bolster1

China1

Lower3

Reuters1

Peak oil1

Kingdom's1

Disruptions1

Bucket1

Global5

19251

Pump1

Output2

Blaze2

Percent2

Demand1

Fractions1

Gulf of Mex4

India1

Expands1

Hygiene2