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Gas processing - 07 August 2014

 
 
 
 
 
 

WTI and Brent crude prices converge

According to the US EIA, diverging US and global crude oil market fundamentals have caused WTI and Brent prices to converge.

 

Energy exports and US strength

The American Petroleum Institute has said that energy exports magnify US economy and diplomatic strength.

 

Exxon Mobil makes senior management changes

Exxon Mobil’s Board of Directors has elected David S. Rosenthal as VP and Controller and Jeffrey J. Woodbury as VP of Investor Relations and Secretary.

 

Russia-Iran oil deal confirmed

Russia has reconfirmed its oil deal with Iran, however details in regards to volumes and timeframe have not been specified.