API gravity is a value that compares the relative density of crude oil to water at 60 ... while Dubai crude is classified as heavy crude oil. Heavy crude oil has a higher viscosity and contains more ...

Later, crude oil prices would ... compete with gasoline’s energy density. This has presented an opportunity for contrarian investors as it’s possible that oil stocks — many of which have ...

It also has a low density or specific gravity hence WTI is light. Apart from this, WTI is the underlying commodity of the New York Mercantile Exchange’s (NYMEX) oil futures contract. This crude ...

Crude oil products are consistently on a rise in India with the increased industrial activity that boost the production and delivery of the products. This year in 2024, it is expected to be the 16 ...

U.S. President Donald Trump on Saturday ordered tariffs on Canadian and Mexican imports to address a national emergency over ...

Vitol, a major oil trader, forecasts that global oil demand will remain steady for the next 15 years, defying predictions of ...

Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—rose by 110,000 barrels, according to API data, after sinking by 144 ...

U.S. crude oil inventories increased more than expected as production picked up, while the build in gasoline stocks extended ...

1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 523.53 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.70 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.45 ...

The early signs are promising, hinting that this upward momentum will carry into February', analysts at J.P. Morgan said.

Oil edged higher in early Asian trade after falling overnight, but may continue to be weighed by rising U.S. stockpiles and trade uncertainty.