Tag: oil
What percentage of oil is used for fuel
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Oil is a versatile and valuable natural resource that is used in many different industries and applications. However, one of the primary uses of...
What does wti stand for
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WTI stands for West Texas Intermediate, which is a type of crude oil that is produced in the United States. WTI is one of...
What is brent crude
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Brent crude is a type of sweet light crude oil that is used as a benchmark for global oil prices. It is produced in...
How oil is formed
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Oil is a fossil fuel that has been formed over millions of years from the remains of dead plants and animals. The process of...
What is foreign exchange quotation
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The "foreign exchange quote" is the "ratio" of two currencies.Say "foreign exchange quotes" and people think of sets of "currency pairs", such as "euro/dollar"...
What is leveraged trading
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Leveraged trading is also known as deposit trading.Investors use a small amount of capital to invest several times the original amount, in order to...
What are the factors that affect the price of gold
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1. Supply and demand are the simplest factors. Almost all commodities are the same and have price fluctuation rules. However, the global supply is...
The difference between gas and liquefied gas
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before the widespread use, many residents are used in the home, so what's the difference between gas and liquid gas?Liquefied gas is a colorless...
The difference between liquid ammonia and ammonia water
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which is well known, liquid ammonia and ammonia in form are liquid state, someone will confuse the two concepts, but we must know that...
What is the forward exchange market
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Forward refers to the trading market of foreign exchange pairs to be settled by both parties in the agreed currency and amount on the...
OPEC Secretary-General: Global oil demand will exceed pre-pandemic levels in 2023
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On February 13, OPEC Secretary-General Argus said that OPEC expects global oil demand in 2023 to exceed the level before the epidemic; by 2025,...
What is the definition of foreign exchange futures
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A standardized contractual transaction in which both parties agree to convert one form into the other at some future time in a proportion agreed...