MARKET WATCH: NYMEX September crude oil drops below $45/bbl

Light, sweet crude oil prices for September delivery declined by $1/bbl on July 21 to settle at $44.75/bbl on the New York market. Analysts and traders blamed the price drop on concerns that ample US gasoline supplies might drag down oil demand. Source: News


MARKET WATCH: NYMEX September crude oil drops below $45/bbl

Light, sweet crude oil prices for September delivery declined by $1/bbl on July 21 to settle at $44.75/bbl on the New York market. Analysts and traders blamed the price drop on concerns that ample US gasoline supplies might drag down oil demand. Source: News


Consortium to produce integrated stratigraphic framework offshore Ireland

Merlin Energy Resources Ltd. and its partners have secured a €1.9-million contract from Ireland’s Petroleum Infrastructure Program (PIP) to complete an integrated chronostratigraphic, biostratigraphic, and lithostratigraphic framework study of the country’s offshore sector. Source: News