Downstream & Midstream Petroleum News
June recap: Oil prices fall, Fed hikes rates, rebalance still far away
In the ongoing journey back to market normalization, the oil industry and its major players wrapped up June with fewer long-term assurances than they would’ve hoped.
Report: How C-stores can stay ahead of the competition
If you’re a c-store management professional interested in maintaining a competitive business five, ten, or even 20 years from now, it’s time to pull out your proverbial crystal ball and peer into the future of the American retail landscape.
Stay on top of culinary trends by offering international flavors
Foods that were once considered exotic – and even a little bit intimidating – are now staples of diets across the U.S.
Change C-store layout to remain competitive, reduce theft
If you’re a c-store management professional interested in staying ahead of the competition, it’s important to start at square one.
Foreign oil producers suffer from declining influence
According to a former White House advisor on energy who spoke with the Times, the OPEC of the modern age isn’t what it used to be.
More retailers experimenting with C-store layout
Major retailers like Wal-Mart and Target are now taking a page out of the C-store playbook, building smaller locations with a focus on convenience.
Saudi-Russian agreement confirms OPEC cut extension
U.S. oil drillers, and shale oil extraction firms in particular have become a persistent thorn in the side of OPEC and Russia, as they have continued to increase output through ruthless cost-cutting.
OPEC-induced rally ends as oil stocks climb
Good news for U.S. oil producers made for bad news across the market in general.
Oil could top $60 by year end
At least a few Wall Street analysts have reason to believe the commodity could exceed the somewhat symbolic $60 per barrel threshold by the end of 2017.