LightSweetOil.com

All eyes are on oil majors since the fall of refining battle. though the industry is 20% increasing, the refineries are struggling to demand remains weak and the cost of input - oil - continues to rise.Most companies are betting on a rebound in oil prices to offset the results of refining dejuction. The results [...]

Due to the many uses of light sweet crude oil, it is one of the most highly traded commodities. This commodity is used in the making of kerosene, jet fuel, diesel fuel and gasoline. Naturally this places light sweet crude oil in high demand the world over. Light sweet crude oil is traded in large [...]

During the summer of 2008, when oil prices jet up to about 150 dollars a barrel, the United States was in the midst of a growing recession with no end in sight. The crude oil prices topped any price in the history past the industrial revolution. The prices were high due to a number of [...]