As global crude oil prices continue to decline, there is growing speculation that petroleum product prices in Pakistan could be reduced starting May 1, 2025. However, experts warn that the…
petroleum
Petroleum is a naturally occurring liquid found beneath the Earth’s surface, composed primarily of hydrocarbons. It is extracted and refined for use in fuel, lubricants, plastics, and chemicals, playing a crucial role in global energy and industry.
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Gasoline is a key fuel used in most vehicles today. It’s a refined product derived from crude oil and is essential for powering internal combustion engines. However, in recent years,…
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Ethanol, a type of alcohol derived primarily from plants like corn, sugarcane, and wheat, has long been blended with gasoline to power vehicles. This unique pairing has evolved over the…
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Biodiesel is a renewable, biodegradable fuel alternative to petroleum diesel. It is produced through chemical processes that convert various feedstocks into fatty acid methyl esters (FAME), suitable for use in…
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The OPEC oil embargo was a significant event in global energy history. It took place in 1973 and had a profound impact on the world’s economy and the way people…
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The U.S. Energy Information Administration (EIA) has projected a decrease in total distillate stocks by the end of each month in 2025 and 2026. In its latest Short-Term Energy Outlook…
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A new report from Energy Vision, a sustainability-focused nonprofit organization based in New York, has concluded that renewable natural gas (RNG)-powered trucks are the most effective alternative for replacing aging…
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The Organization of the Petroleum Exporting Countries (OPEC) plays a pivotal role in the global oil industry. Established in 1960, OPEC has grown from a coalition of five countries to…
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The Organization of the Petroleum Exporting Countries (OPEC) plays a pivotal role in the global oil market. Established in 1960, OPEC aims to coordinate and unify the petroleum policies of…
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Gas prices, particularly natural gas and gasoline, fluctuate all the time. For many people, these changes can feel unpredictable and confusing. Why does gas rise or fall? What causes these…