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  2. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...

  3. List of countries by proven oil reserves - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    (The data below does not seem to include shale oil and other unconventional sources of oil such as tar sands. For instance, North America has over 3 trillion barrels of shale oil reserves, [ citation needed ] and the majority of oil produced in the US is from shale, leading to the paradoxical data below that the US will finish all its oil at ...

  4. Discounts and allowances - Wikipedia

    en.wikipedia.org/wiki/Discounts_and_allowances

    Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.

  5. Strategic Petroleum Reserve (United States) - Wikipedia

    en.wikipedia.org/wiki/Strategic_Petroleum...

    Barrels of oil. Commercial crude oil stock pile. The Strategic Petroleum Reserve ( SPR) is an emergency stockpile of petroleum maintained by the United States Department of Energy (DOE). It is the largest publicly known emergency supply in the world; its underground tanks in Louisiana and Texas have capacity for 714 million barrels (113,500,000 ...

  6. Abu Dhabi National Oil Company - Wikipedia

    en.wikipedia.org/wiki/Abu_Dhabi_National_Oil_Company

    www .adnoc .ae. The Abu Dhabi National Oil Company ( Arabic: شركة بترول أبو ظبي الوطنية ), known by its acronym ADNOC, is the state-owned oil company of the United Arab Emirates (UAE). It is the world's 12th largest oil company by production. [ 2] As of 2021, the company has an oil production capacity exceeding 4 million ...

  7. AOL Mail

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    You can find instant answers on our AOL Mail help page. Should you need additional assistance we have experts available around the clock at 800-730-2563.

  8. Barrel of oil equivalent - Wikipedia

    en.wikipedia.org/wiki/Barrel_of_oil_equivalent

    The barrel of oil equivalent ( BOE) is a unit of energy based on the approximate energy released by burning one barrel (42 US gallons, 35 imp gal or about 159 litres) of crude oil. The BOE is used by oil and gas companies in their financial statements as a way of combining oil and natural gas reserves and production into a single measure ...

  9. 1973 oil crisis - Wikipedia

    en.wikipedia.org/wiki/1973_oil_crisis

    It had a stockpile good for 55 days, and another 20-day supply was en route. Facing its most serious crisis since 1945 the government ordered a 10% cut in the consumption of industrial oil and electricity. In December it ordered an immediate 20% cut in oil use and electric power to Japan's major industries, and cutbacks in leisure automobile usage.

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