The price of nearby WTI crude oil futures has not been materially under $65 per barrel in almost four years, but that level ...
The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to "the healthy market ...
If crude oil were a recipe, the ingredients would be hydrocarbons, with carbon and hydrogen as the main components. But these hydrocarbons come in many forms and sizes, each with its own unique ...
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Why does the US Import oil despite producing enough for its needs?Heavy crude oil is cheaper, and its chemical composition allows it to be used in a greater variety of products, such as diesel, jet fuel, and petrochemicals. Geographic logistics and costs.
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