Want this question answered?
Be notified when an answer is posted
Gasoline is a refined product derived from crude oil. Crude oil is a natural resource extracted from the ground, while gasoline is a processed fuel used in vehicles. The main difference is that crude oil is the raw material, while gasoline is the end product after refining crude oil.
While major oil companies usually funded drilling programs out of their own resources, independents relied heavily on outside investors
Stock market, as the name explains deals with the stocks/shares of a company floated at a stock exchange.Commodity markets, deals with commodities such as Oil, Gold, Silver, Grain, Coffee, Cotton and so on.In both the markets, the stocks or commodities are traded at their respective exchanges.
Put simply, A shares are for Holland, (the old Royal Dutch Petroleum Company) - subject to Dutch withholding tax - and B for Britain (the old Shell Oil Company) - paid from "UK Sourced Income"
To short oil, you can sell oil futures contracts or invest in inverse oil exchange-traded funds (ETFs) that aim to profit from a decline in oil prices. This allows you to make money if the price of oil decreases.
no
The difference between barrel and gallen is that a barrel can load 220 litre oil and a gallon can load millions of oil.
No, using motor oil does not preserve wood.
The largest deposit for oil in Europe is located in Russia.
Difference is capacity and the fuel type.
baby oil is scented mineral oil
Gear oil is normally a much heavier oil.
Oil Reserves are big and oil deposits are small.
Baby oil is mineral oil that has had a scent added to it.
well
Deisel is made out of plants.
The main difference between virgin oil and extra virgin oil is the level of acidity. Extra virgin oil has a lower acidity level and is considered to be of higher quality compared to virgin oil.