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Results for tag: "Crude Oil"

Crude Oil Global Market Report 2024 - Product Thumbnail Image

Crude Oil Global Market Report 2024

  • Report
  • February 2024
  • 250 Pages
  • Global
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United States Crude Petroleum Market 2023-2027 - Product Thumbnail Image

United States Crude Petroleum Market 2023-2027

  • Report
  • March 2023
  • 37 Pages
  • United States
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Global Re-Refined Base Oil Market - Outlook & Forecast 2023-2028 - Product Thumbnail Image

Global Re-Refined Base Oil Market - Outlook & Forecast 2023-2028

  • Report
  • September 2023
  • 352 Pages
  • Global
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Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. It is a fossil fuel, and is one of the most important sources of energy for industrial and commercial use. Crude oil is typically extracted from underground reservoirs, and is then refined into various forms of fuel, such as gasoline, diesel, and jet fuel. It is also used to produce a variety of other products, including plastics, lubricants, and asphalt. The crude oil market is highly competitive, with a variety of players involved in the production, transportation, and sale of the commodity. Major oil-producing countries, such as Saudi Arabia, Russia, and the United States, are the largest suppliers of crude oil. Other countries, such as Canada, Mexico, and Venezuela, are also major producers. Oil companies, such as ExxonMobil, Chevron, and BP, are involved in the exploration, production, and sale of crude oil. Refineries, such as Valero and Marathon Petroleum, are responsible for refining crude oil into various products. Finally, oil traders, such as Vitol and Trafigura, are responsible for the purchase and sale of crude oil on the global market. Show Less Read more