Crude Oil

Crude oil plays a pivotal role in the global economy, fueling industries, transportation, and heating systems. However, it is widely classified as a non-renewable resource. This article explores why crude…

Crude oil is a complex mixture of hydrocarbons and other organic compounds. To make it useful, it must be processed through a technique known as fractional distillation. This article explores…

Crude oil is a vital commodity in the global economy, impacting everything from energy production to the manufacturing of various products. Understanding the longevity and storage of crude oil is…

In the complex world of oil refining, one key question often arises: how much gasoline can be extracted from a barrel of crude oil? This question is crucial for understanding…

Crude oil prices showed signs of recovery this week following a significant selloff. Traders have taken a moment to reassess the market, and a developing weather system in the Gulf…

Understanding the value of a barrel of crude oil is crucial for various sectors, including finance, energy, and global trade. The price of crude oil can significantly impact economies, industries,…

Refining crude oil is a complex process that transforms raw petroleum into valuable products like gasoline, diesel, and jet fuel. The refining process is essential for producing usable fuels and…

In the world of energy and finance, understanding the nuances between different types of hydrocarbons is crucial. Two commonly discussed terms are “crude oil” and “petroleum.” While these terms are…

Crude oil, often referred to as petroleum, is a vital resource that fuels the global economy. Its extraction process, often termed “mining” or more accurately “production,” involves several sophisticated and…

Libya’s National Oil Corporation (NOC) has officially declared a state of force majeure at the El-Feel crude oil field, effective from September 2, 2024. This decision comes in response to…