EIA: Brent and WTI crude oil prices expected to reach US$50/bbl
EIA now forecasts Brent crude oil spot prices to average US$51/bbl in 2017 and US$52/bbl in 2018.
Refining - 14 July 2017
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Refineries unprepared for sulfur emission changes
A recent survey conducted by KBC suggests that 85% of oil refiners are currently unprepared to meet shipping demand for low sulfur bunker fuel oil.
Ribbon cutting in Malaysia
Endress+Hauser has invested €4.5 million in a new sales office in Shah Alam near Kuala Lumpur.