There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly ...

U.S. crude oil inventories increased by 1.4 million barrels, with an increase in production and net imports, while gasoline ...

“It’s less viscous.” Meanwhile, the US uses a lot of “coffee-ground” oil. The nation imports around 6.5 million barrels of crude oil a day from others — most of it either heavy- or medium-density. By ...

“It’s less viscous.” Meanwhile, the US uses a lot of “coffee-ground” oil. The nation imports around 6.5 million barrels of crude oil a day from others — most of it either heavy- or ...