Tag: gasoline
Japanese decision-makers wake up? The yen rebounded sharply, Kuroda Haruhiko said rapid devaluation is not desirable
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After weeks of sharp weakness, the yen/dollar exchange rate on Friday (September 9) finally ushered in a sharp rebound. Japan's central bank governor Kuroda...
EIA crude oil inventories unexpectedly increased sharply, US oil bottomed out and rebounded in the short-term
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Data released by the U.S. EIA showed that the U.S. commercial crude oil inventories excluding strategic reserves in the week ended September 2 greatly...
The latest news of international oil prices: overnight market news and data summary
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International market: At the close of eastern time on Wednesday (September 7), international crude oil closed down, of which WTI crude oil futures closed...
Production cuts may coincide with the return of Iranian oil to the market
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On August 24, Brent crude oil futures rose 3.19%. Nine OPEC sources said that the OPEC+ production cuts considered by Saudi Arabia this week...
Euro hits another two-decade low, U.S. natural gas hits 2008 high
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U.S. natural gas futures stood at $10/million British thermal for the first time since 2008, rising more than 3% on the day. U.S. retail...
Has U.S. inflation started to stall?
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After many consecutive months of higher-than-expected rises, the US CPI and core CPI in July 2022 finally both fell short of expectations, and the...
Production method of asphalt
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Production method of asphalt Distillation method: It is to distill crude oil at atmospheric pressure to separate light fractions such as gasoline , kerosene ,...
What are the types, uses and functions of crude oil
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Crude oil is a liquid fuel source located underground. It is extracted by drilling. Crude oil is used for transportation, petroleum products and plastics. Element Economic...
Does oil have an expiration date?
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Oil has no shelf life. The composition of petroleum is very complex, composed of a large number of alkenes, alkynes, hydrocarbons, and alkanes. Its...
What are the types of refined oil
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The types of refined oil include fuel oil , kerosene , petroleum asphalt , petroleum coke , gasoline , diesel oil , lubricating oil...
What is oil
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Petroleum is a chemical energy , and belongs to one-time energy and non- renewable energy . Petroleum is a viscous dark brown liquid known...
What can be extracted from oil
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Petroleum can be extracted into solvent oil, aviation kerosene, aviation gasoline, ordinary gasoline, diesel oil, lubricating oil, gear oil, heavy oil, paraffin and so...