| In Nigeria, federal authorities are clamping down on a rash of crude oil thefts. |
| The EU is considering making all-risks, third-party insurance compulsory for ships carrying crude oil. |
| The relaxation of rules and the news that crude oil in the Strategic Petroleum Reserve will be made available helped calm the energy markets. |
| Tyres are no longer manufactured from rubber plants but from synthetic materials produced from crude oil. |
| But motorists may wonder why the price of petrol leaps up so quickly when the crude oil it comes from was sold when the price was much lower. |
| Meanwhile, the soaring crude oil price and burgeoning demand in the Far East should provide some soothing balm to the share price. |
