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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 ...
Camella was founded by Manuel B. Villar, Jr. in August 1977. Villar took out a seven-year loan from a rural bank offering low interest rates then kick-started building and selling at his first project, Camella Homes Phase 1 and 2 in Las Piñas, with 160 units initially.
Petroleum products are materials derived from crude oil as it is processed in oil refineries. Unlike petrochemicals, which are a collection of well-defined usually pure organic compounds, petroleum products are complex mixtures. [1] Most petroleum is converted into petroleum products, which include several classes of fuels. [2]
Petroleum nut oil, from the Petroleum nut (Pittosporum resiniferum) native to the Philippines. The Philippine government once explored the use of the petroleum nut as a biofuel. [173] Pongamia oil (also known as Honge oil), extracted from Millettia pinnata and pioneered as a biofuel by Udipi Shrinivasa in Bangalore, India. [174] [175]
A tarball is a blob of crude oil (not to be confused with tar, which is a human-made product derived from pine trees or refined from petroleum) which has been weathered after floating in the ocean. Tarballs are an aquatic pollutant in most environments, although they can occur naturally, for example in the Santa Barbara Channel of California ...
Here is a sampling of rare items that could bring you a lot of money if you are lucky enough to still have them. TracyHornbrook / Getty Images Star Wars Action Figures
Proven oil reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated, with a high degree of confidence, to be commercially recoverable from a given date forward from known reservoirs and under current economic conditions.
This year, our readers made the top spot clear: Tennessee Onions. That’s right, Tennessee Onions casserole, made with onions grown in Georgia. More on that in a minute!