The evidence of their impact is mixed, but consumers and lawmakers nevertheless are furious, saying these new financial traders are driving up prices. The impact of speculation on oil prices will be at the top of the agen...
a4. The Supplier is responsible for the accuracy of all gages. Work resulting from the use of “out of calibration” equipment or defective processes will be the Supplier’s responsibility and must be corrected without cost to Customer. This includes the equipment and processes for any sub-supp...
There is an ancient Chinese saying, “春雨贵如油,the spring rain is as precious as oil,” but why and how is the rain in spring is so important? What interesting customs take place during the solar term “Rain Water”? Previous Episode Next Episode...
What Does it Mean When the Oil Light Comes On? When the oil light on your car’s dashboard comes on, it might mean your vehicle has low oil pressure. This drop in oil pressure could indicate low oil, contaminated oil, or leaking oil. How Do I Know if My Oil is Low? Engine oil...
Crude oil is a naturally occurring liquid petroleum product composed of hydrocarbon deposits and other organic materials formed from the remains of animals and plants that lived millions of years ago. These organisms were covered by layers of sand, silt, and rock, subject to heat and pressure, ...
President Joe Biden is now calling on oil refineries to increase supply. In a letter to the country's seven major refineries, the president also slammed their high profit margins, saying big oil companies should make less in order to help the American people save a l...
Stagflation is the combination of slow economic growth, high unemployment, and a high rate of inflation.
China’s reliance on overseas producers has also directly exposed its soybean farmers to fierce pricing competition from imported GMO soybeans. Farmers are not only faced with the pressure of rising cultivation costs, but also have to compete with low-cost, high-yield imports to find a market ...
All of these factors drove the price of crude oil to less than $40 per barrel. 1. The Dollar Strengthens In 2015, the dollar was at a 12-year high against the euro.2 That put pressure on market prices because commodity prices are usually quoted in dollars, and they will fall when the...
If your haven't recently updated your software, the most likely causes of your battery drain are high screen brightness (one of the biggest culprits of battery drain) and apps tracking your location and refreshing content in the background. While some of this is unavoidable, there are some ...