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 ...
Crude oil is undoubtedly the king of commodities, in both its production value and
its importance to the global economy. Crude oil is the most-traded nonfinancial ...
Deep in the ground pressure and heat transformed them into oil. Crude oil is oil
in its natural state. Many other products are made out of petroleum. Every day ...
Discover what oil inventories are, how they are communicated and what
important insights they provide into the state of the oil market.
Over and above the world's proven crude oil reserves, there is still plenty of oil ...
consistency with supplies — security of demand is as important as security of ...
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 ...
Jul 24, 2007 ... Migrating to New Energy Paradigms Part 2 - The Economic Importance of Crude
Oil :: The Market Oracle ::
Apr 3, 2013 ... Oil is about as important to the developed world as agriculture. ... of pipe on the
planet to distribute crude oil, refined products, and natural gas.
Crude Oil. Vehicles depend on it as dense but accessible energy store. Batteries
could substitute but are only starting to. Feedstock for plastics etc. is important ...
Dec 30, 2015 ... Just add to your list; Trains Buses Aeroplanes Trucks Ships And you will realize
how important it is to keep us rolling!