Tag: crude
What are petroleum products
Joy -
Petroleum products, also known as fossil fuels, are a group of hydrocarbon-based substances that are derived from crude oil. These products are some of...
How crude oil is formed
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Crude oil is a vital resource that plays a critical role in modern society. It is used to power automobiles, airplanes, ships, and heavy...
What crude oil is used for
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Crude oil is a naturally occurring liquid made up of hydrocarbons and other organic compounds that are extracted from the earth's surface through drilling....
Difference between crude oil and futures
jack wei -
which is the futures and spot?Is there a difference?What is the difference between futures and ordinary futures?In fact, divided into spot investment and futures...
What is oil price per barrel
jack wei -
The oil price per barrel refers to the current market price of one barrel of crude oil. A barrel of oil is a standard...
What is crude oil made of
jack wei -
Crude oil is a fossil fuel that is formed over millions of years from the remains of ancient marine organisms. It is a complex...
Introduction to Crude oil Futures
jack wei -
March 26, 2018, in Shanghai, the Shanghai futures exchange, the international energy trade center officially listed.So what are crude oil futures, and how should...
What do the numbers mean on oil
jack wei -
Oil is a vital commodity for the global economy, and its price is closely monitored by investors, governments, and businesses around the world. Understanding...
Bitcoin Spikes after Sharp Drop! The odds of a 100 basis point rate hike surged after U.S. inflation hit 9.1 percent in June
jack wei -
The consumer price Index (CPI) in June was released in the evening of yesterday (13). The annual increase rate reached 9.1%, the biggest increase...
What is brent crude oil used for
jack wei -
Brent crude oil is one of the most widely used benchmarks for pricing crude oil around the world. It is a light, sweet crude...
What is BBL oil
jack wei -
BBL oil, also known as Brent Blend crude oil, is a type of light sweet crude oil that is extracted from the North Sea....
What are oil futures
jack wei -
Oil futures are contracts that allow traders to buy or sell a specified amount of oil at a predetermined price on a specific future...