Oil
Oil is often referred to as the lifeblood of an economy. It's a fossil fuel commodity that is highly attuned to even the slightest changes in supply and demand.
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History of Oil Prices
A history of the major moves in oil prices including the Arab oil embargo, First Gulf War, 2008 financial crisis, and 2020 crisis.
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Understanding the Correlation of Oil and Currency -
![Aerial View of a Texas Oil Refinery and Fuel Storage Tanks]()
Netback Definition -
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EIA vs. API: What's the Difference? -
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Day Rate (Oil Drilling) Definition -
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EV/2P Ratio Definition -
![A China Petroleum & Chemical Corp. (Sinopec) gas station]()
The Biggest Private Oil Companies in the World -
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What Determines Oil Prices? -
![Exxon Mobil Headquater in Kuala Lumpur, Malaysia]()
Top ExxonMobil Shareholders -
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Crude Oil Trading: 5 Steps for Making a Profit -
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Crude Oil Definition & Investing Examples -
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How Petrodollars Affect the U.S. Dollar -
![The Kyoto Protocol was the first major step toward controlling greenhouse gas emissions worldwide.]()
The Kyoto Protocol Definition -
![U.S. shale oil wells]()
Meet OPEC, Manager of Oil Wealth -
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West Texas Intermediate (WTI) Definition -
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The Effect of Crude Inventories on the Oil Economy -
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OPEC vs. the US: Who Controls Oil Prices? -
![Offshore drilling rig]()
How the Oil and Gas Industry Works -
![Oil ship tanker in river transportation oil from refinery.]()
World's Top 10 Oil Exporters -
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Top Factors That Affect the Price of Oil -
![Cityscape of Houston in late afternoon light.]()
The Biggest Oil Towns in Texas -
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Barrels Of Oil Equivalent Per Day (BOE/D) -
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The Getty Oil Takeover Fiasco -
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Looking to Invest in Oil? Try the Vanguard Energy ETF -
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What Determines Gas Prices? -
![Azerbaijan, Baku, Oil Fields]()
Oil Initially In Place (OIIP) -
![Dollar sign and other financial symbols]()
Oil Price Affect on the Stock Market -
![Oil rigs and snow-covered landscape]()
How Oil Companies Pay Such Low Taxes -
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Can Fracking Survive at $50 a Barrel? -
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Oil: A big investment with big tax breaks -
![Oil workers with geology screen.]()
Estimated Ultimate Recovery (EUR) -
![Barrels on a Graph]()
Crack Spread Definition -
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How Do Supply and Demand Affect the Oil Industry? -
![Aerial view of an offshore oil rig taken from a distance]()
The World’s Biggest State-Owned Oil Companies -
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Oil Production Timeline -
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OPEC's Influence on Global Oil Prices -
![Offshore Production Platform During Sunset]()
What Is the Relationship Between Oil Prices and Inflation? -
![Oil Tankers]()
Barrels Per Day (B/D) Definition -
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How Crude Oil Affects Gas Prices -
![Drilling rig at Hendren Century Farms # 2 petroleum well (north of Johnstown, Ohio, USA) 1]()
Intangible Drilling Costs (IDC) Definition -
![BP]()
Top 4 Oil Companies That Protect the Environment -
![King Fahd with US President Ronald Reagan and future US President Donald Trump in 1985. The US and Saudi Arabia supplied money and arms to the anti-Soviet mujahideen fighters in Afghanistan.]()
What Country Is the World's Largest Oil Producer? -
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J.D. Rockefeller: From Oil Baron to Billionaire -
![The silhouettes of pumpjacks are seen above oil wells in the Bakken Formation]()
Area Of Mutual Interest (AMI) -
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Barrel of Oil Equivalent (BOE) Definition -
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Downstream Definition -
![oil storage tank in oil refinery near the sea at night, Rayong, thailand.]()
International Petroleum Investment Company (IPIC) -
![Oil pipeline in industrial district with factories at dusk]()
Federal Energy Regulatory Commission (FERC) -
![Oil rig on a corn field.]()
Oil Shale vs. Shale Oil: What's the Difference? -
![The exterior of the New York Stock Exchange]()
Global Strategic Petroleum Reserves (GSPR) Definition -
![Oil pump in the middle of a field during sunset]()
Hydrocarbon Definition -
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How do government regulations impact the oil and gas drilling sector? -
![Fracking Oil Well]()
Spud Definition -
![Oil Rig Worker Wearing Hard Hat and Safety Goggles, Checking Drill]()
The Economics of Oil Extraction -
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How has fracking decreased U.S. dependence on foreign oil? -
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Understanding Oil Firms And Refinery Services -
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Benchmark Crude Oil Definition -
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ETFs Provide Easy Access to Energy Commodities -
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Brent Crude vs. West Texas Intermediate Explained -
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Unconventional Oil Definition
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