EIA: US Crude Oil Stockpiles Slump Unexpectedly On Strong Export, Refining Demand
U.S. crude oil stockpiles last week fell by nearly 10 million barrels, the most since July, boosted by strong export and refining demand, the EIA said.
March 20, 2019
Petrochemicals
Fire Engulfs Eight Massive Petrochemical Storage Tanks In Houston
A fire at a fuels storage company at the Houston Ship Channel spread on March 18 to eight massive petrochemical storage tanks.
March 18, 2019
EIA: US Crude Oil Stockpiles Drop Unexpectedly Last Week
U.S. crude oil stockpiles declined unexpectedly last week as output slipped from record highs and refining rates edged up, the EIA said.
March 13, 2019
Saudi Aramco’s Board To Meet To Approve SABIC Bond Plan
Aramco plans to issue its first international bonds, expected to be about $10 billion, in the second quarter.
March 11, 2019
EIA: US Crude Oil Inventories Rise More Than Expected
Crude oil inventories in the U.S. rose 7.1 million barrels in the week to March 1, according to an EIA report, far exceeding analysts' expectations for an increase of 1.2 million barrels.
March 6, 2019
A New Hub
Support for the Ohio Valley’s booming petrochemical development challenges the midstream.
March 1, 2019
Frac Spread: Oil Prices Rise As Inventories Shrink
Reduced imports of crude lead to an EIA report that rattles the market.
February 28, 2019
Praxair To Build World-Scale Hydrogen Plant In Louisiana
Facility, with capacity of 170 MMscf/d, lands contract with a major refinery.
February 28, 2019
How Crude To Chemicals Technology Could Impact Oil Demand?
National oil companies in the Middle East are trying to enter the chemical market to further diversify their national economies and benefit from access to abundant oil.
February 27, 2019
EIA: US Crude Stockpiles Fall Unexpectedly As Net Imports Slow
Crude oil production in the U.S. continued to grow to a record high of 12.1 million barrels per day, rising from the all-time high in the previous week.
February 27, 2019