Tag: crude oil

Brent crude oil is a type of oil that is commonly used as a benchmark for pricing crude oil worldwide. It is a light,...

West Texas Intermediate (WTI) crude oil is a key benchmark for oil prices in North America, and its price is closely watched by traders,...

The symbol for West Texas Intermediate (WTI) crude oil is a commonly used abbreviation in the oil and gas industry. It is used to...

Crude oil is one of the most important natural resources on the planet. It's used for fuel, lubricants, plastics, and other materials that make...

An oil pump jack, also known as a nodding donkey or horsehead pump, is a common sight in many oil fields around the world....

Oil sands, also known as tar sands, are a type of unconventional oil deposit found in a mixture of sand, clay, and water. Oil...

Synthetic oil is a type of lubricant that is made from chemically engineered compounds rather than crude oil. Synthetic oil is designed to provide...

Crude oil chemistry is the study of the chemical composition and properties of crude oil, a complex mixture of hydrocarbons and other organic compounds....

Petroleum refining, also known as oil refining, is the process of transforming crude oil into useful petroleum products. Crude oil is a mixture of...

The cost of oil per barrel is a crucial economic indicator that affects the price of many goods and services around the world. Crude...

Oil sands, also known as tar sands, are a type of unconventional oil deposit that are found in large quantities in several countries around...

Crude oil is a naturally occurring liquid fossil fuel that is primarily composed of hydrocarbons, which are organic compounds made up of hydrogen and...