Is crude oil a comodity

Anonymous

∙ 15y ago

Updated: 8/18/2019

Certainly

Wiki User

∙ 15y ago

What else can I help you with?

What is Nigeria's position in the world in producing crude oil?

Crude oil is crude..

What can you do with crude oil?

What other thing you can do with crude oil.

Why is crude oil known as crude?

Crude Oil is hydrocarbon and it is mixture of carbon and hydrogen.

How many gallons of gasoline are there in a barrel of crude oil?

Zero. A barrel or crude oil contains... crude oil.

What is the major element in crude oil?

the constituents of crude oil are FEUL OIL,LPG, NAPHTHA,GASOLNE ETC

How is crude oil used by humans?

crude oil is ba

Is crude oil the oil you put in cars?

Yes, but they make it into gasoline first. Crude oil is not the oil you put in the crankcase. That is oil that is refined from crude oil and then additives are added.

What is another name for petroleum?

Petrol. actually its oil.

How much is a barrel of gas oil?

Crude oil is crude oil, there is no such thing as gas oil. Gasoline is refined from crude oil. 1 barrel of Benchmark crude oil for May delivery is currently $48.20 as of 3/31/09.

How many gallons of crude are in 1 barrel of crude?

1 barrel of crude oil equals 42 US gallons of crude oil.

How does crude oil turn in energy?

Crude Oil is refined into gasoline.

Which is the costliest product from crude oil?

plastic is made from crude oil.

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