Oil Rises Ahead of Expected Fall in U.S. Gasoline Stocks

Prices have climbed this week as some U.S. Gulf Coast refineries restarted operations

Crude Oil: $49.14 barrel, Natural gas: 3.008/MMBtu, Gold:$1339.00 per troy oz


Oil prices edged higher Thursday ahead of U.S. stocks data, which is expected to show a sharp fall in gasoline inventories after tropical storm Harvey caused refinery shutdowns in Texas.

Brent crude, the global oil benchmark, rose 0.8% to $54.63 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 0.2% at $49.24 a barrel.

Oil prices have climbed this…Read more.

 Resource: WSJ

oil gas processing plant epc turnkey consulting managementAlgaProcessing LLC specialize in business process consulting for the oil and gas industry with the commitment to increase productivity and maximize profit by sharing wealth of knowledge in Consulting, Coaching and Management.

6200 SAVOY DR. HOUSTON, TX 77036 U.S.A