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Gasoline and diesel usage and pricing. The usage and pricing of gasoline (or petrol) results from factors such as crude oil prices, processing and distribution costs, local demand, the strength of local currencies, local taxation, and the availability of local sources of gasoline (supply). Since fuels are traded worldwide, the trade prices are ...
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
A map of world oil consumption in barrels a day per capita, 2007. Daily oil consumption by region from 1980 to 2006. This is a list of countries by oil consumption.[ 1][ 2] In 2022, the International Energy Agency (IEA) announced that the total worldwide oil consumption would rise by 2% [ 3] year over year compared to 2021 despite the COVID-19 ...
It is located in Punjab Province, which area is located approximately 135 km southwest of the capital city of Islamabad. In 1964 the first well was drilled and commercial production started in 1967. There are about 60 million barrels of oil in place of which 12%-15% is recoverable. At its peak during 1986, the field was producing approximately ...
China National Petroleum Corporation ( PetroChina) Jinzhou Petrochemical Refinery, 112,000 bbl/day. WEPEC Dalain Refinery, 200,000 bbl/day. Sinopec Jinan Company, 21,000 bbl/day. Sinopec Qilu Company Refinery, 195,000 bbl/day. Sinopec Shanghai Gaoqiao Oil Refinery, 220,000 bbl/day.
The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according ...
The gas field was discovered in the late 1952 and the commercial exploitation of the field began in 1955. Sui gas field accounts for 6% of Pakistan's gas production. [11] Remaining reserves are estimated to be at about 800 billion cubic feet (tcf) and the daily production is around 500 million cubic feet (14,000,000 m 3) of natural.
Pakistan Petroleum. Pakistan Petroleum Limited (PPL) ( Urdu: پاکستان پیٹرولیم لمیٹڈ) is a Pakistani state-owned petroleum company headquartered in Karachi. It operates major oil and gas fields, including the Sui gas field, has non-operating interests in other fields, and has an interest in an exploration portfolio onshore ...