Oil

HomeOil

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,...

Explore more

Why do power plants use coal

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

What is gas fertilizer coal?

Gas fertilizer coal is a kind of strong viscous fat coal with high volatile content and high colloidal layer, and some are called liquid...

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...

How long does it take to change the battery of a new energy vehicle

Most of the batteries of new energy vehicles use ternary lithium batteries. The service life of ternary lithium batteries is mostly 8 years, and...

What should I do if the liquefied gas tank catches fire?

If the liquefied gas is found to be on fire, immediately prepare a wet quilt or rag, put out the fire from the right...

Brand introduction of new energy vehicles

Tesla Motors Tesla is an American electric vehicle and energy company specializing in the production of electric vehicles, solar panels and energy storage equipment. Tesla's...

What is the difference between petroleum and petrochemical?

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...

Characteristics of 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...

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...

Can power plants be stored?

Electricity from power plants cannot be stored. In the power system , electrical energy is not stored, and the production, transmission, distribution and use...

Is hydrogen toxic?

Hydrogen is not toxic. Hydrogen is an industrial reagent. However, hydrogen has special properties. If the hydrogen content in the air is high, it...

Latest Articles