crude oil

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The effective closure has led to a backup of vessels confined in the Persian Gulf that had already loaded crude oil, reducing the availability of global tanker capacity, the EIA says.

From The Wall Street Journal

The South Asian nation, one of the world's largest crude oil importers, relies on foreign suppliers for more than 85 percent of its oil needs -- with Russia being the biggest supplier.

From Barron's

Sulphur is another byproduct of the processing of crude oil and natural gas and produced in large volumes for export in the Gulf region.

From BBC

Worries that the war would escalate—as the original Friday deadline loomed—sent Brent crude oil futures 5.7% higher to $108.01 a barrel on Thursday.

From Barron's

In overseas trading hours, WTI crude oil futures were in the upper $93-per-barrel range and dollar was in upper 159-yen range, both higher than Thursday’s Tokyo trading hours, the strategists note.

From The Wall Street Journal