The OLEX Petroleum Company has recently determined that it could cut its refining costs by closing its Grenville refinery and consolidating all refining at its Tasberg refinery.

OLEX 石油公司最近决定通过关闭其格伦维尔炼油厂并整合其塔斯伯格炼油厂的所有炼油来削减炼油成本。

youdao

Oil prices began bouncing back Wednesday after members of the Organization of the Petroleum Exporting Countries agreed to a modest production cut of 500, 000 barrels a day, during a meeting in Vienna.

石油输出国组织欧佩克星期三在维也纳举行的会议上决定把原油日产量减少52万桶。

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The Organization of Petroleum Exporting Countries (OPEC) 's decision to cut output failed to boost oil prices in the international market, with prices hitting a 17-month low.

石油输出国组织(OPEC)减少石油产量的决定未能提高国际市场油价，相反石油价格达到17个月以来的最低点。

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They underscored support for legislation already introduced that,among other things, seeks to cut the flow of refined petroleum products into Iran.

VOA: standard.2010.04.14

Aberdeen-based oil and gas firm Faroe Petroleum has cut its losses and has increased the amount of oil it expects to produce this year.

BBC: Oil company Faroe Petroleum raises expectations

The Organization of Petroleum Exporting Countries cut its global demand forecast for 2008 for the fourth time this year, saying that consumption would continue to slow in 2009.

FORBES: Magazine Article

Still, it is far from clear that biofuels will be able to cut deeply into petroleum use.

FORBES: Magazine Article