The Truth About Gasoline Expiry Date: What Every Driver Needs to Know

The Truth About Gasoline Expiry Date: What Every Driver Needs to Know

In a paradox dating back 360 million years, it turns out that gasoline does not come from the remains of primitive dinosaurs, but from algae and ancient sea jelly. Add an advertisementDespite its constant presence, our interaction with it seems to have a looming expiration date, which poses an unexpected challenge for drivers The truth … Read more

International Oil Prices End Year with Slight Decline Amid Market Concerns

International Oil Prices End Year with Slight Decline Amid Market Concerns

International oil prices closed slightly lower on Friday (29th), ending a year in which crude oil fell for the first time since 2020, as market concerns about the demand outlook outweighed the possibility of supply disruptions and the effectiveness of OPEC+ production cuts. energy commodity prices West Texas Intermediate (WTI) crude futures for February delivery … Read more

Oil Prices End 2023 with 10% Annual Decline, Lowest Since 2020

Oil Prices End 2023 with 10% Annual Decline, Lowest Since 2020

Oil prices recorded $77.04 per barrel for Brent crude futures, and US West Texas Intermediate crude futures recorded $71.65 per barrel upon settlement on Friday, as oil futures contracts fell more than 10% on the last trading day in 2023. Oil prices are heading to end 2023 with a decline of about 10%, recording the … Read more

Red Sea Conflict Causes Drop in International Oil Prices

Red Sea Conflict Causes Drop in International Oil Prices

International oil prices fell back from their December highs on Wednesday (27th), with investors continuing to pay attention to the development of the situation in the Red Sea and worrying about the possibility of interruptions in crude oil transportation. energy commodity prices West Texas Intermediate (WTI) crude oil futures for February delivery fell $1.46, or … Read more

International Oil Prices Surge as U.S. Traders Return and Houthi Rebel Attacks Continue

International Oil Prices Surge as U.S. Traders Return and Houthi Rebel Attacks Continue

International oil prices hit their highest level this month in thin holiday trading on Tuesday (26th) as U.S. traders returned to the market after the Christmas holiday and continued to weigh the possibility of more serious disruptions in crude oil supply caused by Houthi rebel attacks on Red Sea ships. possibility. energy commodity prices West … Read more