WTI crude oil fell below $70 per barrel due to weak Chinese demand and a weakening Hurricane Rafael. Brent crude was at $73.30 per barrel, per barrel while WTI had dropped to $69.69 per barrel.
Last Mile Production, LLC., has announced plans to implement B4ECarbon™ in its West Texas oil and gas operations. A collaborative effort by Blockchain for Energy (B4E) and Enovate Ai, B4ECarbon™ is an emissions management solution to streamline emissions tracking and reduce the environmental impact of operations.
Curious Minds Corner
Question of the week
What is the difference between “sweet” and “sour” crude oil?
Sweet crude oil has low sulfur content, while sour crude oil has high sulfur content.