On May 9, retail gasoline prices fluctuated sharply in both directions last month, which added some uncertainty to the April…
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Brent crude oil is one of the most important benchmarks for oil prices worldwide. It is used to price two-thirds…
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Crude oil is one of the most important commodities in the world. It is used as a primary source of…
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India is one of the largest importers of crude oil in the world. The country meets about 85% of its…
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The price of oil has a significant impact on the global economy, as oil is a crucial resource for many…
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In late 2014, the global oil market witnessed the sharpest drop in Brent crude oil prices in more than a…
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The OPEC oil embargo of 1973 was a seminal event in the history of the world economy. It was a…
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The Organization of the Petroleum Exporting Countries (OPEC) is a global organization that controls a significant amount of the world’s…
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The Organization of the Petroleum Exporting Countries, commonly known as OPEC, is a powerful intergovernmental organization that controls a significant…
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The United States and the Organization of Petroleum Exporting Countries (OPEC) have had a complicated relationship for decades. OPEC, a…