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Oil is one of the world's most important sources of energy. Its impact on the global economy cannot be overstated as it is used to produce fuel, plastic, and many...

There are several types of oil that are most in demand among global producers. The key oil grades are US West Texas Intermediate (WTI) and European Brent crude...

Investments in the commodity sector bring significant profits to shareholders. Since the beginning of 2022, commodity stocks have increased by 19%, hitting new highs thanks to recovering demand for energy...

Some analysts suppose that in the autumn of 2021, commodity markets may face a price boom. They have analyzed the current and long-term trends in the market and found...

The COVID-19 pandemic has made its own adjustments to the development of the oil sector. In this light, demand for hydrocarbons sagged in many countries. This year, however, fuel demand...

According to scientists, in the long term, humanity will gradually abandon hydrocarbons. However, in the short and medium terms, the global economy and manufacturing industry are unable to completely switch...

The oil market has always offered lucrative investment opportunities. Consumption of petroleum products remains high worldwide despite a global trend of shifting focus towards renewable sources of energy. Nevertheless, there...

The sudden collapse of oil prices knocked the ground out from under the feet of most of the world's oil companies. According to analysts, the oil standoff between Saudi Arabia...

2019 comes to an end and experts are busy making predictions for 2020. According to analysts, the oil market will face a lot of changes in 2020. They have outlined...

Experts unanimously agree that an oil spill in the sea is a global disaster that affects both animal species and people.  A catastrophe of the kind can lead...