Remove Crude Oil Remove Maintenance Remove Shutdown
article thumbnail

Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360ยบ

Energy Information Administration showed, as fuel producers undergo maintenance ahead of summer driving season. Net input of crude oil to refiners on average over 4 weeks to the last week was 15.5 crude export volumes also eased 9,000 bpd to 3.88 crude exports in 2024. million, 4.2% lower than average 2024 levels.

Refinery 130
article thumbnail

AI in Oil and Gas โ€“ A Game-Changer for Efficiency and Profitability

Aresco

The oil and gas industry has always been driven by innovation, and today, artificial intelligence (AI) is pushing the sector into a new era of efficiency, precision, and profitability. AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions.

52