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The seven functions of lubricating oil

Reduce friction and wear, reduce frictional resistance, save energy , reduce wear, prolong mechanical life, and improve economic benefits;Cooling, friction heat should be discharged...

How to trade crude oil for beginners

In oil trading, there must be certain trading strategies and skills. So, for newcomers to oil trading, how to trade crude oil ? Strengthen the...

The role of strategic petroleum reserves

The role of strategic petroleum reserves: Guarantee the supply. That is, to ensure the supply of oil for a period of time, for emergency needs,...

What would happen to the world without oil

The cost of living in a world without oil would skyrocket. First, without oil, traffic will be affected, and cars, motorcycles, trucks, trains and...

Is Crude Oil a Hazardous Chemical?

Crude oil is a dangerous chemical. In the "List of Hazardous Chemicals" (2002 edition), the dangerous goods number is: 32003. Crude oil is unprocessed...

Account Crude Oil Chart

At present, account crude oil is divided into account North American crude oil and account international crude oil. The account North American crude oil...

The difference between the inner plate and the outer plate of fried gold

Generally speaking, the internal market refers to gold trading platforms in mainland China , and the external market refers to foreign platforms, including Hong...

Review of the 1992 Sterling Crisis

The European Monetary System was established by the European Council on December 5, 1978, and was formally established on March 13, 1979. Its essence...

Is naphtha a refined oil?

Naphtha is not a refined oil , it is processed and called distillate in refineries, a distillate of petroleum . In general, it cannot...

How to quickly ignite coal

Put the coal half burned by others under the new coal block in your own stove, and then fan the fire to make the...

What is the electronic spot trading of refined oil products?

Electronic spot trading of refined oil products is a win-win model that combines online and offline, reality and virtuality, and traditional economy and network...

What is Refined Oil Trading

Refined oil transaction is one of the important transaction categories of oil transaction. The main forms of refined oil trading are futures trading and...

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