Tag: crude
Exxon Mobil Predicts Steady Oil Demand Through 2050, Defying Global Net-Zero Goals
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Exxon Mobil, one of the world’s largest oil companies, forecasts that global oil demand will remain steady—or even increase slightly—by 2050, challenging efforts to...
Oil Prices Slip After Three-Day Surge Amid Middle East Tensions and Libyan Supply Concerns
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LONDON — Oil prices eased on Tuesday after a strong rebound over the past three sessions, driven by concerns over potential supply disruptions due...
Sensex Rises 150 Points, Nifty Surpasses 25,000 as Broader Markets Outperform
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The Indian stock market opened on a steady note on Tuesday, with the Sensex gaining 150 points and the Nifty crossing the 25,000 mark....
Stocks Stumble, Dollar Dips: Market Focus Shifts to Nvidia Earnings
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Market Overview Asian stock markets showed mixed performance on Monday as major share indices displayed hesitation ahead of crucial inflation data and upcoming earnings reports....
What Type Is Regular Gasoline?
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Regular gasoline, often referred to simply as "regular," is a common type of fuel used in vehicles and other engines. Despite its ubiquity, there...
Oil Prices Set to End Week Lower Amid Demand Concerns and Supply Relief
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August 23 – Oil prices showed little movement on Friday but are poised to close the week lower. This trend is attributed to weaker-than-expected...
Hungary Seeks Ukrainian Approval for Russian Oil Import Loophole
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Budapest – A diplomatic standoff over Hungary’s continued imports of Russian oil may be resolved through a proposed loophole, Hungary urged Ukraine on Thursday....
Oil Prices Decline for Fifth Consecutive Session Amid Demand Concerns
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Oil prices fell for the fifth straight session on Thursday, driven by growing worries about global demand, despite a recent drop in U.S. fuel...
Environmentalists Celebrate Government’s Reversal on Oil Import Increase
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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...