The Japan Bank for International Cooperation (JBIC) has finalized financing agreements totaling $832 million to support the development of Vietnam’s…
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Petrol, also known as gasoline, is a transparent, petroleum-derived liquid that is used primarily as a fuel in internal combustion engines. Petrol is a highly flammable liquid that is refined from crude oil and used as a fuel for vehicles, airplanes, boats, generators, and other engines. It is one of the most widely used fuels in the world due to its high energy density and relatively low cost.
The Japan Bank for International Cooperation (JBIC) has finalized financing agreements totaling $832 million to support the development of Vietnam’s…
Oil prices rebounded on Wednesday after a recent decline, driven by reports showing decreases in U.S. crude and fuel inventories,…
In June 2024, the Organization of Petroleum Exporting Countries and its allies (OPEC+) nearly met their targeted production levels, surpassing…
This spring, refinery crack spreads for gasoline and diesel in California fell below average levels, even though refinery capacity on…
Oil prices declined on Tuesday, continuing a downward trend from the previous session, following a less damaging impact than expected…
Brent crude oil, a benchmark in the global oil market, plays a pivotal role in shaping economic landscapes worldwide. Its…
Brent crude oil, a benchmark in the global oil market, plays a pivotal role in determining oil prices worldwide. Understanding…
In the realm of global energy markets, the fluctuation of crude oil prices, particularly Brent crude, holds significant implications for…
Spare capacity refers to the extra production capability that oil producers can activate if necessary. For OPEC (Organization of the…
Crude oil is one of the most crucial commodities in the global economy. Its pricing is significant for various sectors,…
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