The energy sector is one of the most critical components of the global economy. Among the various energy sources, natural gas and crude oil stand out as two of the…
heating oil
Heating oil is a low-viscosity, petroleum-derived liquid used primarily for residential and commercial heating. Similar to diesel fuel, it’s stored in tanks and burned in furnaces or boilers to generate heat during cold weather.
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Diesel fuel is essential to the global economy. It powers trucks, ships, trains, and industrial machinery. When diesel prices rise, the cost of goods and services follows suit, leading to…