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What Type of Crude Oil Is Used to Make Diesel?

Crude oil is a vital natural resource that serves as the primary feedstock for the production of various fuels, including diesel. Understanding the types...

Oil Prices Decline as Middle East Tensions Ease and China Data Weakens

Oil prices fell approximately 1% to a two-week low on Tuesday due to a combination of easing Middle East supply concerns and disappointing economic...

Goldman Sachs Forecasts Brent Oil Futures to Fall to $68 by End-2025 Amid Weaker Chinese Demand

Goldman Sachs has projected a significant decline in Brent crude oil futures, anticipating a drop to $68 per barrel by the end of 2025....

Oil Prices Extend Decline as US-Led Gaza Cease-Fire Gains Traction

Oil prices continued to slide, extending their biggest drop in two weeks, as the United States announced that Israel had accepted a cease-fire proposal...

Oil Prices Decline Amid Gaza Cease-Fire Talks and Chinese Economic Concerns

Oil prices fell for the fourth time in five sessions as traders closely monitored U.S.-led diplomatic efforts to secure a cease-fire in the ongoing...

Asia Stocks Firm, Dollar Sags with US Yields on Fed Cut Bets

Tokyo, August 15 – Asian markets showed resilience on Thursday, buoyed by positive data and expectations for changes in U.S. monetary policy. The dollar...

Oil Prices Rise Amid Middle East Tensions and U.S. Crude Stockpile Decline

Oil prices edged higher on Wednesday as market participants responded to a notable drop in U.S. crude and gasoline inventories, coupled with growing concerns...

Oil Prices Dip After Five-Day Rally Amid Middle East Tensions and OPEC Forecasts

Oil prices declined after a five-day rally, as concerns over escalating tensions in the Middle East were balanced by signs of weakening global demand...

Oil and Gold Prices Surge Amid Rising Middle East Tensions

Crude oil and gold prices have surged due to escalating tensions in the Middle East and the ongoing conflict between Ukraine and Russia. This...

Oil prices continued to surge on Wednesday amid heightened geopolitical tensions in the Middle East

Here’s a breakdown of the situation: Oil Prices Surge Amid Geopolitical Tensions 1. Price Movements: WTI Crude: The U.S. benchmark crude oil price rose by 2.53% to...

Oil Prices Slide from Seven-Month Low as Stock Market Rout Counteracts Iran Tensions

Oil prices continued their decline from a seven-month low as a broader selloff in financial markets outweighed concerns about rising tensions in the Middle...

Oil Prices Surge Over 1% on Reports of Hamas Leader’s Death

Oil prices surged over 1% in Asian trading on Wednesday following reports that Ismail Haniyeh, a leader of the Palestinian militant group Hamas, was...

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