Oil, gas and gas condensate are among the most important energy sources in the
world. One thing we know for sure is that we need oil - currently around 90 ...
on alcohol-based chemicals and a shortage in the supply of turpentine caused a
rush in demand for crude oil – the new provider of energy. Oil prices rose by ...
Jan 31, 1983 ... Gasoline is made from crude oil. Lubricating oil is also used to keep our
automobile engines from getting too hot and to ensure that all moving ...
Petroleum, also called crude oil, is an important source of energy, according to
Natural Resources Canada. Oil provided approximately 34 percent of the world's
Jan 15, 2015 ... High market share gives OPEC bargaining power to price oil above a competitive
market. It can sway crude oil prices by increasing or ...
Feb 1, 2016 ... Crude oil has been used in many of the advancements that have ... It important to
understand the uses and the benefits of crude oil and its ...
This measure includes all of the U.S. crude oil and lease condensate (mixture of
... were in a recession, as energy is an important input for economic growth.
Jul 7, 2015 ... Crude oil needs to be refined in order to transform it into a range of useful ...
Refining converts crude oil into products that can be used by ...
Oct 9, 2015 ... How important is oil to the future of the global economy? ... Meanwhile, the global
supply of crude oil increased only 11 percent over that ...
Dec 20, 2015 ... Before the advent of crude oil production in Nigeria, Nigeria's main stay was
agriculture and was dominated by palm crude oil production.