The phrase “four-year high” has been used quite often recently to describe crude oil prices, which have taken on a generally bullish trend.
Salt Creek Midstream, LLC and Noble Midstream Partners LP have entered into a joint venture to create a crude oil pipeline and gathering system in the Delaware Basin.
Thanks to OPEC and Russia’s agreement to restrict supply, and rising world demand for crude, the Brent oil price has climbed past $82 a barrel, a big increase on the $56 prevailing at the same time last year and a four-year high.
BP and Aker BP have formed an alliance to develop and deploy spacer spools adapter spools technology in their businesses, BP announced Oct.
(Bloomberg) -- Russia and Saudi Arabia are pumping an extra 1 million barrels a day of oil and could do even more. Yet the buy Wellhead market doesn’t seem to care.
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