May 18 (Reuters) – Oil prices fell on Thursday as traders warily watched for signs of progress on talks to…
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OPEC, or the Organization of the Petroleum Exporting Countries, is a cartel of 13 oil-producing countries. These countries control about…
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The US Strategic Petroleum Reserve (SPR) is a large emergency stockpile of crude oil that is stored in underground salt…
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Petrol, also known as gasoline, is a type of fuel that is used in cars and other vehicles. It is…
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The Strategic Petroleum Reserve (SPR) is a large emergency stockpile of crude oil maintained by the United States Department of…
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WTI crude and Brent crude are two of the most important benchmarks for the global oil market. They are both…
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Brent Crude is a type of crude oil that is extracted from the North Sea. It is a light, sweet…
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Introduction The Organization of the Petroleum Exporting Countries (OPEC) is an intergovernmental organization of 13 oil-producing countries. OPEC was founded…
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Oil is a commodity that has been used as a source of energy for centuries. It is a major component…
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The average price of a barrel of oil in 2019 was $64.3 per barrel. This was down from $71.4 per…