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Brent Oil Price – Sideways Movement Expected – Forecast for December 23, 2024

Brent oil prices have reached a near-term high, coming close to the previously targeted 72.06 USD level, before bouncing upwards towards the 73.90 USD...

Crude Oil Price Under Negative Pressure – Forecast for Today (18-12-2024)

Crude oil prices have continued to experience downward pressure, with the price approaching the $69.00 barrier. The market is now eyeing further declines, potentially...

Crude Oil Price Forecast – December 16, 2024

Crude oil prices are displaying a slight bearish bias, approaching the key support level at $70.58. For the bullish trend to remain valid, the...

Brent Oil Price Forecast – December 16, 2024

Brent crude oil prices are currently showing some bearish sentiment, but the market is awaiting positive momentum...

Brent Oil Prices Reach Target – Forecast for 12-12-2024

Brent oil prices surged higher yesterday, successfully reaching the anticipated target of $73.90. The price is now...

Crude Oil Prices Hit Target – Forecast for 12-12-2024

Crude oil prices successfully reached the anticipated target of $70.58 and are currently consolidating near this level....

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What are the risks of oil extraction

Risks of oil extraction Oil extraction will cause climate and environmental problems. Heavy oil extraction and use will increase carbon dioxide levels in the air,...

How to deal with the oil spill

Here's what to do after a crude oil spill : Set up isolation belt to recover crude oil ;Burn, but weather conditions must be considered;Dig...

Characteristics of Crude Oil Spills

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

What country does the word oil come from?

The word oil comes from China. In 977 AD, the word "petroleum" appeared in the "Taiping Guangji" compiled by the Northern Song Dynasty. The...

What are the colors of oil

Colors of oil , including deep red, golden yellow, dark green, black, maroon and clear. In short, oil is very rich in color, depending...

Is oil a pure substance?

Oil is not a pure substance, it is a mixture. Petroleum, also known as crude oil , contains gasoline , kerosene , diesel oil...

How to classify new energy vehicles

New energy vehicles refer to the use of unconventional vehicle fuels as the power source (or the use of conventional vehicle fuels, the use...

What can be extracted from oil

Petroleum can be extracted into solvent oil, aviation kerosene, aviation gasoline, ordinary gasoline, diesel oil, lubricating oil, gear oil, heavy oil, paraffin and so...

What does frying crude oil mean?

What does it mean to fry crude oil and go short ? Short-selling, also known as short-selling, short-selling (Hong Kong term), short-selling (Singapore-Malaysian term),...

What is fried crude oil

Crude oil speculation , that is, oil investment , is an important investment project in the world. Domestic individuals participating in crude oil speculationmainlyinvest...

Is it risky to fry crude oil?

Is it risky to speculate on crude oil? Investment risk is extensive, it exists in the crude oil trading market, including investment research, market...

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...

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