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What else can I help you with?
What is crude oil stabilization?
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What does ICE stand for in ICE Brent Crude oil?
ICE stands for Intercontinental Exchange, which is a leading global network of exchanges and clearing houses for financial and commodity markets. ICE Brent Crude oil refers to the futures contract for Brent Crude oil that is traded on the Intercontinental Exchange.
How many barrels of oil and gas are in one derivatives futures contract?
New York Mercantile Exchange Middle East crude oil futurecontract trades with prices quoted in dollars and cents per barrel ($00.00/bbl) and a contract unit of 1,000 barrels. The max/min price fluctuation rules are consistent with the Exchange's light, sweet crude oil future contract as are settlement procedures. http://www.tkfutures.com/crude_oil.htm I'm sure there is a better source, but this was within the first few google serach.
Difference betwee nymex crude and brent crude?
Difference between nymex crude and brent crude
What is Nigeria's position in the world in producing crude oil?
Crude oil is crude..
What is a crude boat?
crude boats
Legal tender that is not based on or convertible into commodity?
There are two questions here. A legal tender that's not based on a commodity is a "fiat currency." Fiat is a Latin word meaning, "let it be done," and they use the word because a fiat currency has value by government decree. But a legal tender that's not convertible into a commodity? No such thing--if you have enough legal tender to do it, you can convert US Dollars, euros, Chinese renminbi or anything else you have into just about any commodity you want just by going to a dealer and buying some of it. (Crude oil is the only exception--you have to be a refinery to buy that.)
Why is crude oil known as crude?
Crude Oil is hydrocarbon and it is mixture of carbon and hydrogen.
How does the market establish the equilibrium price for crude oil?
The general term Price of Oil usually referees to the next month yet-unexpired futures contract for the Light Sweet Crude (West Texas Intermediate) oil. Thus, the equilibrium for such defined Oil Price is established by investor's expectation about supply and demand conditions for the yet-unexpired-next-month future contract. Such expectations about supply-demand conditions for the future contracts are driven both by expectations about fundamental supply-demand conditions of the real physical crude oil markets, as well as speculative so-called momentum plays.
Why is the US obligated to sell its own crude oil on the open market?
In the US, the oil companies will generally either sell their oil on the open market, to get the best price possible, or will use the oil in their refineries. There are a number of exceptions. They may have a heavy crude, and it is to their advantage to lock in a long term delivery contract to a refinery.
What is Crude oli?
crude oil is a petroleum
What is the thermal conductivity of crude oil?
Which crude?
