An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).
Whatever oil viscosity your car runs, stick with it. If your owner’s manual says 5W30, or 15W40, or 10W60 as an oil viscosity grade, that’s what you’re looking for in your new oil regardless ...
Crude oil futures could see better prospects as traders return from the holiday break, focusing on a potential recovery in China’s economy and fuel demand. That’s what Terence Hove ...
Mobil 1 High Mileage full-synthetic motor oil 5W-30 is designed for engines with over 75,000 miles to go up to 10,000 miles between oil changes.* Utilizes Mobil 1’s signature Formula to deliver ...
So, it looks like oil is trying to break out. If we can clear the $73 level on a daily close, I think it’s a very strong likelihood that short-term pullbacks will continue to bring in more buyers.
From a technical perspective, oil prices are eyeing a break above a key level of confluence. The level around 76.35 has kept gains at bay since the price broke below this level on October 14 ...
The real-time price of Brent crude oil is at $76.59 per barrel, and the price of WTI crude oil is at $74.07 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...
LOS ANGELES -- A break-in was reported at the Los Angeles-area home of Marvel actor Simu Liu, police confirmed to our sister station KABC on Monday. The break-in happened on Friday around 11 p.m ...
That is why we are increasing support to other economic sectors like agriculture to tackle poverty which is one of the major reasons the people break pipelines to steal oil,” Fubara said.
The United States is also the largest consumer of oil, using about 20% of the world's supply, followed by China and India, which consume 15% and 5%, respectively. India stands out as the world's ...