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The three most quoted oil products are North America 's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 over the WTI Spot price ...
In the same time period the major oil companies went from a production in the crude oil market of 30 to 15.2 million barrels (4.8 to 2.4 million cubic metres), a decrease of nearly 50%. In this period, the production from reserves under their own control went from 25.5 to 6.7 million bbl (4.1 to 1.1 million m 3 ), a decrease of 74%.
Approximately 72% of world oil production came from the top ten countries, and an overlapping 35% came from the twelve current OPEC members. Members of OPEC+, which includes current OPEC members produce about 60% of the world's petroleum. In addition to being top 5 in oil production, the United States and Russia are also top 5 in oil exports ...
As you wait for prescription drug costs to come down from the clouds, here's how you can save money on the medications you need. 1. Use a coupon program. If you don't have insurance, a ...
The women's and men's singles champions will each receive $3.6 million, the U.S. Tennis Association announced Wednesday. The total compensation, which includes money to cover players' expenses ...
Moscow Mayor Sergey Sobyanin introduced the one-time signing bonus of 1.9 million rubles (about $22,000) for city residents who join the military, according to a statement on Tuesday. Anyone ...