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  2. Nationalization of oil supplies - Wikipedia

    en.wikipedia.org/wiki/Nationalization_of_oil...

    According to the Energy Studies Review the western world oil demand decreased 15% between the years 1973 and 1982. 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%.

  3. List of crude oil products - Wikipedia

    en.wikipedia.org/wiki/List_of_crude_oil_products

    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 ...

  4. List of countries by oil production - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_oil...

    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 ...

  5. Petroleum industry in Iran - Wikipedia

    en.wikipedia.org/wiki/Petroleum_industry_in_Iran

    Petroleum industry in Iran. Iran manufactures 60–70% of its industrial equipment domestically, including various turbines, pumps, catalysts, refineries, oil tankers, drilling rigs, offshore platforms, towers, pipes, and exploration instruments. [ 1] Iran is an energy superpower and the petroleum industry in Iran plays an important part in it ...

  6. Oil-for-Food Programme - Wikipedia

    en.wikipedia.org/wiki/Oil-for-Food_Programme

    The Oil-for-Food Programme was instituted to relieve the extended suffering of civilians as the result of the United Nations' imposition of comprehensive sanctions on Iraq following Iraq's invasion of Kuwait in August 1990. Security Council Resolution 706 of 15 August 1991 was introduced to allow the sale of Iraqi oil in exchange for food.

  7. Paramount Global to lay off 15% of its US workforce

    www.aol.com/finance/paramount-global-lay-off-15...

    Paramount Global will cut about 15% of its U.S.-based workforce, co-CEO Chris McCarthy said on Thursday. The media company disclosed its plans for the layoffs as it released its second-quarter ...

  8. Russia in the European energy sector - Wikipedia

    en.wikipedia.org/wiki/Russia_in_the_European...

    Russia supplies a significant volume of fossil fuels to other European countries. In 2021, it was the largest exporter of oil and natural gas to the European Union, (90%) [1] [2] and 40% of gas consumed in the EU came from Russia. [3] [4] The Russian state-owned company Gazprom exports natural gas to Europe. It also controls many subsidiaries ...

  9. Chipotle sales have been on fire. Here are 3 ways the ... - AOL

    www.aol.com/finance/chipotle-sales-fire-3-ways...

    Year to date, Chipotle shares are up 38%, outpacing the S&P 500's 15% gain. Brooke DiPalma is a senior reporter for Yahoo Finance. Follow her on Twitter at @ BrookeDiPalma or email her at bdipalma ...