Morgan Stanley revises oil price predictions
07/02/2016 by OilStoreAdministrator
Financial services giant Morgan Stanley has downgraded its forecast for oil prices, predicting low prices to endure for
Why ultrasonic grease guns are a great tool for engineers
06/02/2016 by Richard
There has certainly been a hype about ultrasonic grease guns in recent years, provoking debate on whether they are worth the
Russia’s OPEC comments cause oil to rise
04/02/2016 by OilStoreAdministrator
Oil prices rose yesterday (February 3) after Russia stated its openness to speak with the Organization of the Petroleum Exporting Countries (OPEC) about output cuts. Russia’s apparent willingness to
Why you need to measure air contamination in oil
03/02/2016 by Mark
Air should always be considered an unwanted contaminant in oil as it can result in several negative effects. For instance, the oil in use can become compressible, an
BG shareholders give Shell takeover the green light
01/02/2016 by Richard
Investors in BG Group voted in favour of the £35bn takeover of the company by Royal Dutch Shell, which produces
How can you improve the cleanliness of your oil?
30/01/2016 by OilStoreAdministrator
When using industrial lubricants of any kind, be it Mobil Glygoyle 30 or Q8 Haydn 46, it is important that you keep your oil as clean as possible, as the
Oil predicted to remain under $40 per barrel for 2016
29/01/2016 by Mark
According to The World Bank, oil prices are expected to stay under $40 (£27.85) per barrel throughout this year. Speaking on Tuesday, The World Bank cut its
“Not impossible” for oil to fall as low as $10 per barrel, says BP chief
26/01/2016 by Mark
The boss of British oil company British Petroleum (BP) has made waves by commenting that the price of oil could fall as
First U.S. tanker reaches European shores
23/01/2016 by OilStoreAdministrator
The first American oil tanker to navigate from the United States, following the lifting of restrictions on the
Saudi Oil Minister optimistic of rise in crude oil prices
21/01/2016 by OilStoreAdministrator
Ali Al-Naimi, the Saudi Oil Minister, has stated his belief that crude oil prices will rise. He also foresees that in time, there will be renewed stability in the oil market, due to market forces…
Premier Oil sets sights on Eon’s North Sea assets
18/01/2016 by Richard
Premier Oil is currently in advanced talks with a view to acquiring German energy company
Now is the time to switch to food grade lubricants
14/01/2016 by Mark
In the past, food grade lubricants have not been the first port of call for most people, simply because they were unable to deliver the same level of performance as other oils such as