Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, also known as a fossil fuel, which means that it can't be replaced naturally at the rate we consume it and is therefore a limited resource.
It’s been a fortnight since the most brazen drone and missile strikes on two of Saudi Arabia’s largest oil facilities left them severely damaged...
The outage of 60% of Saudi Arabia’s crude production due to last Saturday’s crippling drone and cruise missile attacks on the Kingdom’s Abqaiq and...