The relaxation of rules and the news that crude oil in the Strategic Petroleum Reserve will be made available helped calm the energy markets. |
The country's main exports are crude oil, petroleum products, and natural gas. |
China links domestic prices for crude oil and refined products to international prices, adjusted after a one-month lag. |
Meanwhile, the soaring crude oil price and burgeoning demand in the Far East should provide some soothing balm to the share price. |
Experts have been saying that we have another 40 or so years of cheap recoverable crude oil left. |
In Nigeria, federal authorities are clamping down on a rash of crude oil thefts. |