Reuters reports sources familiar with thinking in the White House as saying that the administration is not considering banning the export of crude oil in order to bring down Continue reading US reportedly not considering oil export ban
The United States (US) look set to push ahead with its plan to release 50 million barrels of its strategic crude oil reserves, despite oil prices having already fallen due to concerns about the new Omicron coronavirus variant potentially leading Continue reading US to release oil reserves despite falling prices
ExxonMobil has announced the release of Mobil Solvancer, an oil-soluble and cost-effective cleaner to improve the reliability of petrochemical and power generation equipment. It was developed in cooperation with Fluitec, a leading player in technology for Continue reading Mobil introduces Mobil Solvancer
Malaysian automotive company Proton has launched a new range of oils formulated specially for its vehicles, and it has branded it as Continue reading Proton launches new automotive oils
At their latest meeting, the members of the OPEC+ group of countries have decided to stick with their existing plan to gradually increase oil production by 400,000 barrels per day Continue reading OPEC+ decides against accelerating output rises
