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- Dictionaryoil/ɔɪl/
noun
- 1. a viscous liquid derived from petroleum, especially for use as a fuel or lubricant.
- 2. oil paint: "a portrait in oils"
verb
- 1. lubricate, coat, or impregnate with oil: "I'll oil that gate for you tomorrow"
- 2. supply with oil as fuel: "attempts should not be made to oil individual tanks too rapidly"
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5 days ago · Olive oil is a liquid fat obtained by pressing whole olives, the fruit of Olea europaea, a traditional tree crop of the Mediterranean Basin, and extracting the oil. It is commonly used in cooking for frying foods or as a salad dressing. It can also be found in some cosmetics, pharmaceuticals, soaps, and fuels for traditional oil lamps. It also ...
4 days ago · Explore the world of oil and gas terms with this comprehensive guide. From upstream to downstream, familiarize yourself with the terminology used in the industry. Learn about exploration, reservoirs, drilling, production, transportation, refining, distribution, and more.
5 days ago · Natural gas, colorless highly flammable gaseous hydrocarbon consisting primarily of methane and ethane. It is a type of petroleum that commonly occurs in association with crude oil. It is widely used as a fuel and is especially important in the generation of electricity.
15 hours ago · Today's live Brent crude oil spot price, historical prices, all-time-highs and lows. Learn about how live oil market prices are determined.
- Oil prices are quoted per barrel, or ‘bbl’. The abbreviation indicates one barrel of crude oil, but you may see Gbbl (one billion barrels), as well...
- Exactly one month ago, Brent crude oil’s spot price was at $[commodity-day-price currency="USD" symbol="XBR" day="month"] per barrel. Compared to t...
- The highest ever historical WTI crude oil price was at $141.63 per barrel. Compared to today’s spot price that’s [commodity-day-change-wording symb...
4 days ago · ester, any of a class of organic compounds that react with water to produce alcohols and organic or inorganic acids. Esters derived from carboxylic acids are the most common. The term ester was introduced in the first half of the 19th century by German chemist Leopold Gmelin.
- The Editors of Encyclopaedia Britannica
4 days ago · Used as a term to describe the world’s six largest and most influential publicly-traded oil and natural gas producers – Big Oil refers to BP, Chevron, Eni, ExxonMobil, Shell, and TotalEnergies.
People also ask
What are the different types of oil?
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4 days ago · WTI is a light, sweet crude oil, which refers to its low density and low sulfur content, and is often used for conversion to gasoline and diesel fuel. Although WTI is priced out of Cushing, Oklahoma, this benchmark contract is tied to energy markets around the world.