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What Drives Product Prices

(Mon, 25 Jul 2016) This new section discusses the various factors that influence the prices of gasoline and distillate fuel oil—the two most-consumed petroleum products in the United States. Charts detailing prices, consumption, production, inventories, and trade for both petroleum products will be updated each month in the <em>Short-Term Energy Outlook</em>.

Flotek, YPF sign joint technology development agreement

Flotek Industries (Flotek) has signed a five-year joint technology development agreement with YPF Technologia (Y-TEC), the technology arm of YPF Sociedad Anonima (YPF), the vertically-integrated national energy company of Argentina.

UPDATE 1-At least 40 percent of Canada oil spill recovered -officials

July 24 (Reuters) - Authorities have recovered at least 40
percent of the 1,572 barrels of oil that leaked into a major
western Canadian river, but the spill is still moving downstream
and threatening the drinking water of riverside communities,
officials said on Sunday.

At least 40 percent of Canada oil spill recovered -officials

July 24 (Reuters) - Authorities have recovered at least 40
percent of the 1,572 barrels of oil that leaked into a major
western Canadian river, but the spill is still moving downstream
and threatening the drinking water of riverside communities,
officials said on Sunday.

U.S. refiners, stuck with lots of gasoline, switch to winter brew

NEW YORK, July 24 (Reuters) - Winter has come early for U.S.
refiners and blenders.

Solar plane takes off from Egypt on final leg of world tour

CAIRO, July 24 (Reuters) - An aircraft powered by solar
energy left Egypt on Sunday on the last leg of the first ever
fuel-free flight around the globe.

UPDATE 1-Canadian authorities seek to contain oil spill moving down river

July 23 (Reuters) - Authorities are building a new
containment boom to fight an oil spill in a major western
Canadian river, officials said on Saturday, after the spill
breached a previous barrier and threatened the drinking water of
several communities along the coast.

Canadian authorities seek to contain oil spill moving down river

July 23 (Reuters) - Authorities are building a new
containment boom to fight an oil spill in a major western
Canadian river, officials said on Saturday, after the spill
breached a previous barrier and threatened the drinking water
of several communities along the coast.

Ecuador pays $112 million award to Chevron - central bank

CARACAS, July 23 (Reuters) - Ecuador has paid $112 million
to energy company Chevron Corp over a four-decade-old
contract dispute, even though it remains in disagreement, the
head of the central bank has said.

WIDER IMAGE-A photographer's challenge: Libyan forces battle for Islamic State stronghold

SIRTE, Libya, July 23 (Reuters) - "When everyone shouts
'Allahu Akbar' (God is Great) I know that a tank or a cannon
will fire."

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