Tag: oil

Base oil, also known as carrier oil or carrier oil. Essential oils are non-volatile oils derived from plant seeds, flowers, rhizomes or fruits that...

The following is the historical cycle of modern oil: 1.1970s: In 1960, the third world oil-producing countries jointly established OPEC, and successively nationalized oil. During...

Power plants use coal to generate electricity, because coal power is stable, reliable, and has a short construction period, which is an inevitable process...

The difference between petroleum and petrochemical: Substantially different The substance of oil: Oil is one of the main objects of geological exploration, a viscous dark brown...

Non-agricultural employment data usually refers to the US non-agricultural employment rate, which is released together with the unemployment rate. The release time is usually...

Why are international gold and crude oil prices positively correlated? The following is to provide you with the relevant knowledge introduction to why the...

At 20:30 Beijing time, the annual rate of the U.S. unseasonably adjusted CPI in July recorded an annual rate of 8.5%, which is expected...

what is the euro The Euro (Euro) is the currency of 19 countries in the European Union . The 19 member states of the euro are...

Tanker accident. Oil spills at sea are caused by various oil tanker accidents every year , most of which are oil tanker collisions caused...

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

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: Guarantee the supply. That is, to ensure the supply of oil for a period of time, for emergency needs,...