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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. Fuel oil - Wikipedia

   en.wikipedia.org/wiki/Fuel_oil

   Fuel oils include heavy fuel oil (bunker fuel), marine fuel oil (MFO), furnace oil (FO), gas oil (gasoil), heating oils (such as home heating oil), diesel fuel, and others. The term fuel oil generally includes any liquid fuel that is burned in a furnace or boiler to generate heat ( heating oils ), or used in an engine to generate power (as ...

4. Mazut - Wikipedia

   en.wikipedia.org/wiki/Mazut

   Mazut-100 is a fuel oil that is manufactured to GOST specifications, for example, GOST 10585-75 (not active) or GOST 10585-2013 (active as per December 2019 [5]). Mazut is almost exclusively [ citation needed ] manufactured in Russia , Kazakhstan , Azerbaijan , and Turkmenistan . [ 6 ]

5. History of the petroleum industry in the United States

   en.wikipedia.org/wiki/History_of_the_petroleum...

   Crude oil production Natural oil seeps such as this in the McKittrick area of California were used by the Native Americans and later mined by settlers.. The history of the petroleum industry in the United States goes back to the early 19th century, although the indigenous peoples, like many ancient societies, have used petroleum seeps since prehistoric times; where found, these seeps signaled ...

6. Fuel hedging - Wikipedia

   en.wikipedia.org/wiki/Fuel_hedging

   The cost of fuel hedging depends on the predicted future price of fuel. Airlines may place hedges either based on future prices of jet fuel or on future prices of crude oil. [1] Because crude oil is the source of jet fuel, the prices of crude oil and jet fuel are normally correlated.

7. Inflation: Consumer prices in May rose at slowest annual rate ...

   www.aol.com/finance/cpi-preview-inflation...

   The energy index decreased 3.6% from April to May on a seasonally adjusted basis, led by a 7.7% drop in fuel oil prices, while food prices rose 0.2%. Egg prices fell a whopping 13.8% in May after ...