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The White House has now proposed cuts of as much as 20 percent in fuel consumption and greenhouse gases for medium- and heavy-duty trucks by the 2018 model year. The administration believes these new cuts could possibly save 500 million barrels of oil over the lives of vehicles manufactured during the program's first five years.

Government proposes energy saving changes to Trucking industry.

Stocks traded up today after a mid-day surge helped investors generate some gains. All sectors closed higher except Energy, which declined despite oil prices pushing $100 a barrel.

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Crude oil prices have got some positive support due to the Decline in stock of Crude oil in US the world's largest consumer of crude oil and because of this the price is moving again towards $ 40 a barrel. Read more here- http://www.pinnaclefinancial.in/blog/declined-us-crude-trend-bull-commodity-tips/

Crude prices rose above $85 per barrel on Friday in New York as strong sales of new homes in the US boosted investor confidence about an economic recovery.

Venezuela and China will together invest $16.32 billion in a joint oil venture to pump 400,000 barrels per day from the Junin 4 Block in the Andean nation's crude-rich Orinoco Belt, state-owned Petroleos de Venezuela S.A. has said at Caracas.

The Down trend in Crude oil is un-stoppable right now. International and Domestic crude oil prices hace dipped to a low of around 20 weeks. On Wednesday Crude Oil price have touched a low of $ 44.83 dollars per barrel in the overseas market which is lowest level since March 18. Read more here- http://www.pinnaclefinancial.in/blog/mcx-crude-oil-tips-down-trend/

Good Morning readers, Commodity Market has opened today with shine in yellow metal Gold. Gold is in upward trend and crossed 28,000. Crude oil trend is down, crude oil September 11 contract was down 0.78% to Rs 4,219 per barrel

Surmont Phase 2 Oil Sands project involves the expansion of the Surmont steam-assisted gravity drainage (SAGD) plant to increase its production capacity from the existing 27,000 barrels of bitumen a day to 136,000 barrels of bitumen a day. The Surmont site is located approximately 60km south-east of Fort McMurray, Alberta, in the Athabasca oil sands region.

Kuwait National Petroleum Company's (KNPC) Clean Fuels Project (CFP) involves the upgrade and integration of the Mina Abdulla (MAB) and Mina Al Ahmadi (MAA) refineries. The project will increase the combined capacity of the refineries from the existing 736,000 barrels per day to 800,000 barrels per day, and will lower the sulphur content of petroleum products to 5%.

Crude oil prices are getting some support on global market due to fall in crude oil stock of US World's largest consumer of crude oil. Crude oil trading near $ 41 per barrel with a marginal gain of 30 cents on NYMEX. This recovery of global market may led in domestic market too. Crude oil could be gained on MCX. Although Crude prices fell from their intraday resistance of 2800... Read more here- http://www.pinnaclefinancial.in/blog/economic-data-release-us-crude-stocks-declined/

The demand of crude oil has been seen crash in China the Largest consumer of Crude Oil after United States, and impact of this has been seen in crude price also. Crude oil is now trading at $ 46.35 per barrel on Global Market....

Handmade Damascus Steel Folding Pocket Knife style goes back over 17 centuries to legends from Damascus leaves by breaking a rifle barrel.and cutting a strand of hair in two.

Short Box Series. Used by advanced clients to challenge the short box series normally experienced on the reformer on the ladder barrel instead. By reducing the support round the body, the exercise becomes more intensive and challenging.

the global coiled tubing market size is projected to reach USD 4.0 billion by 2025 from an estimated USD 3.0 billion in 2020, at a post COVID-19 CAGR of 5.8% during the forecast period. Stabilized oil prices have revitalized the exploration & production expenditures globally. This has led to increased investments in the enhancement of productivity of oil & gas wells. Furthermore, the global coiled tubing industry is driven by the upsurge in the oil & gas production by countries owing to rising demand from the Asia Pacific. Browse 245 market data Tables and 61 Figures spread through 264 Pages and in-depth TOC on "Coiled Tubing Market" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=804 North America is estimated to be the fastest-growing market for coiled tubing during the forecast period. The region has been segmented, by country, into the US and Canada. The increasing shale oil & gas production in the North America region is driving the coiled tubing market. According to the BP statistical report for June 2019, the US is the top producer of oil, producing 15.3 billion barrels of oil, in 2018. Moreover, the country has been experiencing huge investments from upstream operators to increase the production from the depleting fields in Texas, Permian Basin, and the Gulf of Mexico, along with new drilling activities in ultra-deepwater locations in the Gulf of Mexico, which is likely to drive the North American coiled tubing market. The coiled tubing market, by service, is segmented into well intervention service, drilling service, and others. Others include minor services such as fishing, fracturing, wireline logging, and inspection. Well Intervention services is the fastest growing market by region and are also observed as new revenue pockets. These services are further sub-segmented as well cleaning & pumping operations and well completions & mechanical operations. The challenges faced by oilfield operators during the well comple

The global enhanced oil recovery market size is projected to reach USD 43.3 billion by 2025 from an estimated USD 59.4 billion in 2020, at a CAGR of 6.5% during the forecast period. Increased production from mature fields and the upsurge in the oil & gas production by countries owing to rising demand from the Asia Pacific. This has led to the enhancement of productivity of oil & gas wells , thus driving the market for global enhanced oil recovery. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=251660091 The enhanced oil recovery market has promising growth potential due to growing shale activities. It is difficult to extract oil & gas from shale reservoirs due to its highly impermeable nature. According to the IEA, shale production from the US alone is expected to increase by 100 million barrels per day. Shale development in other countries such as China and Argentina are also likely to boost the well production activities in these countries, which is expected to drive the enhanced oil recovery market in North America, Latin America, and Asia Pacific.

Biofuel Market is projected to reach USD 225.9 billion in 2028 from USD 167.4 billion in 2023 at a CAGR of 6.2% according to a new report by MarketsandMarkets™. The growing demand for cleaner fuels is one of the major factors driving the biofuels market. Global biofuel demand has been increasing gradually due to goals set to achieve net zero emissions in recent years. According to Statistical Review of World Energy 2022, the total global consumption of biofuel in 2021 was 1,837 thousand barrels of oil equivalent per day. Governments of various countries across the world are focused on reducing greenhouse emissions. With the help of biofuel, greenhouse emissions can be reduced by up to 65%. Expansion of the biofuel business will result in increased employment opportunities, ensuring the stability of an economy.