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Gulf Oil Investment Seen Resilient Despite Crude Price Slump

Despite international oil prices plunging to their lowest levels in four years, Gulf countries are expected to press ahead with their exploration and production...

As Malaysian Oil Reserves Dwindle, Uganda Emerges as an Unlikely New Frontier

With Malaysia’s oil reserves rapidly depleting, Uganda, a lesser-known oil-producing nation in East Africa, may hold the key to securing future resources. Uganda, with...

Crude Oil Surrounded by Positive Pressures: Analysis for April 22, 2025

Crude oil has shown strong upside momentum in its recent intraday trading, after successfully retesting the key support level at $61.50. This formed a...

Oil Prices Post Weekly Gains on Trade Deal Hopes and New Sanctions

Oil prices rose sharply on Thursday, posting a weekly gain as optimism surrounding a potential trade deal...

Oil Markets Close for Good Friday, But Prices Rise Ahead of Holiday

Oil markets were closed on Good Friday, a holiday observed before Easter Sunday, but the benchmarks saw...

Brent Crude Oil Prices Show Positive Momentum – Market Analysis for April 14, 2025

Brent crude oil (BRENT) prices experienced a slight dip in recent intraday trading, as the market attempts...

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Is the oil market still tight? Saudi raises crude oil prices for Asia to record levels

Saudi Arabia raised oil prices for Asian buyers to record levels, as global oil markets remain tight despite signs of softening demand as the economy...

What are the types, uses and functions of crude oil

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...

How to trade crude oil for beginners

In oil trading, there must be certain trading strategies and skills. So, for newcomers to oil trading, how to trade crude oil ? Strengthen the...

Why is crude oil measured in barrels?

Why is crude oil measured in barrels? In oil exploration, the first tool used to hold oil was the barrel. But at the time,...

US crude oil trading strategy on August 4: Multiple bearish oil prices initially broke down, pointing to the 80 mark?

During the Asia-Europe session on Thursday (August 4), U.S. crude oil fluctuated in a narrow range near the low of more than five months,...

What does unconventional oil mean

Unconventional oil means that oil is produced or exploited by unconventional oil well technology, such as extra-heavy crude oil , oil sands oil, tight...

What are the colors of oil

Colors of oil , including deep red, golden yellow, dark green, black, maroon and clear. In short, oil is very rich in color, depending...

What conditions should the coal storage yard have?

The conditions that the coal storage yard should have are: Except for the open-air coal storage plant, rainproof, snowproof and windproof facilities should be set...

What is the base oil

e oil, also known as carrier oil or carrier oil. Essential oils are non-volatile oils derived from plant seeds, flowers, rhizomes or fruits that...

What is high-calorie coal

High-calorie coal means that burning coal produces more energy, which reflects the heat released when coal is burned, that is, the calorific value index...

Characteristics of Crude Oil Spills

Tanker accident. Oil spills at sea are caused by various oil tanker accidents every year , most of which are oil tanker collisions caused...

Does oil have an expiration date?

Oil has no shelf life. The composition of petroleum is very complex, composed of a large number of alkenes, alkynes, hydrocarbons, and alkanes. Its...

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