Tag: crude oil

How are three different things like petrol, diesel and kerosene made from crude oil?

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How are three different things like petrol, diesel and kerosene made from crude oil?

Crude oil, also known as crude oil and black gold, is a major source of meeting the energy needs of the entire world. Many types of fuels and other products are made from this crude oil. Things like petrol, diesel and kerosene are made from this. Now the question arises that how three different things petrol, diesel and kerosene are made from the same type of crude oil. Let us tell you about it in detail in this article today. First understand how crude oil is made Crude oil coming…

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America said Russian Crude oil sold cheap prices one year India most benefited

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America said Russian Crude oil sold cheap prices one year India most benefited

Russian Crude oil: The US Treasury Department has praised the US sanctions imposed on Russia during the Russia-Ukraine war. Eric Van Nostrand, Secretary of Economic Policies of the Treasury Department, said that America had imposed a limit on the price of Russian oil, which has benefited many countries including India. He told that when the war with Ukraine started, America had imposed many sanctions on Russia, due to which the world stopped taking oil from Russia, India benefited the most from this. Eric Van Nostrand said during the second round…

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European Union To Put Price Cap On Russian Crude Oil At 65 To 70 Dollar Per Barrel

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European Union To Put Price Cap On Russian Crude Oil At 65 To 70 Dollar Per Barrel

Russian Oil Price Cap: There is a discussion about imposing a price cap on the prices of crude oil produced in Russia. According to reports, the European Union may set a price limit of $65 to $70 per barrel on Russian crude oil prices. This price is more than the cost of production of Russia as well as more than the demand of those countries who are demanding to impose a price cap. It is believed that the group of 7 countries may agree to fix the price of crude…

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