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What else can I help you with?
What is the difference between crude and brent oil?
Crude oil is that oil that comes out of an oil well head (before it is refined). However, different oil wells produce different types of crude oil (some is thick and some is very runny)For commercial trading purposes, Brent Crude is a major classification of sweet light crude oil that serves as a major benchmark price for purchases of oil worldwide.
Can I buy and sell crude oil like stocks?
Yes. That is called Commodity trading. Oil is a commodity and is traded in the commodities market.
Which of the terms above is associated with international oil trade?
The term most commonly associated with international oil trade is "crude oil." Crude oil refers to unrefined petroleum extracted from the ground, which is then transported and traded globally. Other relevant terms might include "oil futures" and "OPEC," both of which play significant roles in the dynamics of oil trading and pricing on the international market.
What is today's price on oil?
The Crude Oil and Commodity Prices on April, Friday 25 2014 are: WTI Crude Oil is $101.94/barrel and Brent Crude Oil is $110.33/barrel.
What was the price of crude oil in the 1980s?
In 1977, the average price for a barrel of crude oil was $14.40 (about $60.00 in today's dollars).
How does one get a start in the business of crude oil trading?
To start trading in crude oil futures, the fist thing one should do is read up on the futures market and understand how it operates. A familiarity with the oil industry and the environmental and economic factors that affect its profitability is also helpful. Or, one can select a broker who is an expert in the commodities futures market and has experience in crude oil trading.
What is the difference between crude and brent oil?
Crude oil is that oil that comes out of an oil well head (before it is refined). However, different oil wells produce different types of crude oil (some is thick and some is very runny)For commercial trading purposes, Brent Crude is a major classification of sweet light crude oil that serves as a major benchmark price for purchases of oil worldwide.
Can I buy and sell crude oil like stocks?
Yes. That is called Commodity trading. Oil is a commodity and is traded in the commodities market.
What is the future for crude oil trading likely to be?
The price of crude oil trading futures is dependent on many factors, such as OPEC trading quotas, any changes to refinery capacity, financial markets and even weather conditions in oil producing areas. While oil futures have been on a slight downward trend, there is no guarantee they will remain that way as an active hurricane season forecast for the US and Gulf of Mexico coincides with uncertainty in the Middle East.
What does ttm as it pertains to trading?
Investopedia.com calls it "trailing twelve months." http://www.investopedia.com/terms/t/ttm.asp
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.
