Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...
Petroleum jelly, also known as petrolatum, is a substance that has played a crucial role in both medical and cosmetic fields for more than a century. Originally discovered in the oil industry ...
U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...
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High debt and low crude oil prices hit Occidental Petroleum stock in 2024. The oil and gas producer, however, is repaying debt and generating incremental cash flows from a recent acquisition.