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8 OPEC+ Members Extend Voluntary Oil Output Cuts by One Month

VIENNA: Eight member countries of the OPEC+ oil-producing group announced on Sunday that they will extend their voluntary output cuts by one month, continuing...

Why Is Canadian Oil So Cheap?

Understanding the dynamics of oil pricing is essential for grasping the complexities of the global energy market. Canadian oil, particularly from Alberta’s oil sands,...

How Do You Add Crude Oil to MT4?

MetaTrader 4 (MT4) is one of the most popular trading platforms used by retail traders globally. While it is known primarily for Forex trading,...

What Does Brent Stand For?

Brent crude oil is one of the most significant benchmarks in the global oil market, widely recognized...

Which Crude Oil is the Best in the World?

Crude oil is a vital commodity in the global economy, powering industries, fueling transportation, and serving as...

Does OPEC Use Brent or WTI?

The Organization of the Petroleum Exporting Countries (OPEC) plays a crucial role in the global oil market,...

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What car with diesel

Tractors, large cars, diesel locomotives, civil works, excavators, loaders, etc. are all diesel -fueled vehicles. Diesel-engine vehicles are fueled by diesel, a light petroleum...

Do new energy vehicles have automatic transmission?

New energy vehicles have automatic transmissions, and new energy vehicles are basically dominated by automatic transmissions. The structure of new energy vehicles is different...

Difference Between EIA and IEA

IEA usually refers to the International Energy Agency. The International Energy Agency, also known as the "International Energy Agency", was established in November 1974...

Mode of transportation of natural gas

Transportation of natural gas : Pipeline transportation. The transportation volume is large, but the cost is high, and pressure stations and adjustment stations need to...

The latest query on international crude oil futures prices (July 28, 2022)

name Price (USD/Barrel) ups and downs Quote change(%) date brent crude 102.33 2.61 2.62 2022/07/27 The above is the latest international crude oil price , more oil price query , or want to know...

What is the role of solar energy?

1, solar power generation, which is packed with solar energy, after cooling to drive steam turbines to generate electricity. 2.Solar water heater can convert solar...

What impact does FED raises rates on oil?

Oil prices fall as dollar rises as Fed raises rates. The Fed's interest rate increase promotes the appreciation of the dollar. Oil is priced...

What Does Carbon Peak Carbon Neutral Mean?

Carbon peaking and carbon neutrality are both closely related to environmental protection in China . Carbon peaking means that greenhouse gas emissions have peaked, and carbon...

What is Liquefied Gas

LPG is liquefied petroleum gas . Due to the rapid development of the petrochemical industry, liquefied natural gas , as a key chemical raw material, is also a new energy source ....

How to Distinguish Between Good and Bad Diesel

Diesel distinguishes between good and bad in this way: 1. Direct observation. Directly observe whether the diesel has impurities. Normal diesel should not contain impurities that tend to...

What’s the Difference Between Gasoline and Diesel?

1. different volatility Gasoline is volatile; Diesel is less volatile. 2. Different application areas Gasoline is used in cars, motorcycles, speedboats, helicopters and so on; Diesel is...

Does Diesel Have a Warranty?

Diesel has a shelf life. Generally, the shelf life of unsealed diesel oil is four years, diesel oil storage for a long time, the...

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