Oil market participants are “dramatically overestimating” the risk of a supply glut, according to Jeff Currie, Chief Strategy Officer of…
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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.
Oil market participants are “dramatically overestimating” the risk of a supply glut, according to Jeff Currie, Chief Strategy Officer of…
Oil prices continued their downward trend on Tuesday morning, with West Texas Intermediate (WTI) crude futures dropping 4.5%. This decline…
Oil prices dropped sharply on Tuesday, falling over 3% amid no significant changes in market fundamentals or geopolitical tensions. By…
The oil boom is a significant period in history marked by rapid development in the oil industry, leading to economic…
Saudi Arabia is one of the largest oil producers in the world, and its oil reserves are crucial to the…
NYMEX Crude Oil refers to the crude oil futures contracts traded on the New York Mercantile Exchange (NYMEX), which is…
The global oil market is a complex and crucial part of the world economy. It affects everything from energy prices…
BAKU, Azerbaijan, September 10. – The Organization of the Petroleum Exporting Countries (OPEC) is fully backing Azerbaijan’s cooperative approach towards…
China’s oil demand growth has decelerated due to weaker economic conditions and a transition to electric vehicles (EVs) and LNG-fueled…
Since March 25, 2023, the Federal Government of Iraq (FGI) has imposed an embargo on oil exports from the semi-autonomous…
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