Tag: crude
Environmentalists Celebrate Government’s Reversal on Oil Import Increase
Jennifer -
Environmental advocates applauded the government’s decision on Wednesday to retract a controversial plan to boost crude oil imports through the southern port of Eilat. On...
What Type of Crude Oil Is Used to Make Diesel?
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Crude oil is a vital natural resource that serves as the primary feedstock for the production of various fuels, including diesel. Understanding the types...
How is Gasoline Sold in the UK?
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Gasoline, or petrol as it is commonly known in the UK, is a fundamental component of the nation's transport infrastructure. The sale and distribution...
Why Is Hong Kong Petrol So Expensive?
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Hong Kong, known for its bustling economy and high standard of living, faces one of the highest petrol prices in the world. The cost...
Oil Prices Decline as Middle East Tensions Ease and China Data Weakens
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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
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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
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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...
What Happens to Gasoline When It Gets Cold?
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Gasoline is a complex mixture of hydrocarbons derived from crude oil through refining processes. It is designed to remain stable and efficient under a...
Does Gasoline Go Bad in a Sealed Container?
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Gasoline is a critical resource for powering vehicles, machinery, and various equipment. Whether used for daily commutes, seasonal equipment, or emergency generators, understanding the...
Oil Prices Decline Amid Gaza Cease-Fire Talks and Chinese Economic Concerns
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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
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Tokyo, August 15 – Asian markets showed resilience on Thursday, buoyed by positive data and expectations for changes in U.S. monetary policy. The dollar...
Iraq Signs Contracts to Develop 13 Exploration Blocks, Oil and Gas Fields
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Iraq has secured preliminary agreements for the development of 13 oil and gas exploration blocks and fields, as announced by the country's oil ministry...