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Ace Energy Solutions
Katy, United States
B
51-100 Employees
2015
Key takeaway
The company is a leading vertically integrated provider of crude oil marketing and supply services, emphasizing its commitment to delivering high-quality and dependable services in the oilfield sector.
Reference
Service
Crude Oil Marketing & Supply – Ace Energy Solutions
OMJ LIMITED
Enniskillen, United Kingdom
A
11-50 Employees
1987
Key takeaway
The Oil Market Journal specializes in providing reliable intraday assessments of oil trading, particularly in refined products like heating oil, diesel, and gasoline. With a broad range of oil prices and analysis, it serves large volume oil buyers and distributors, making it a key resource in the oil market.
Reference
Core business
The Oil Market Journal
OILTRADE
London, United Kingdom
A
11-50 Employees
-
Key takeaway
The company is a leading independent trader specializing in the buying and selling of crude oil and petroleum products. With a global network and dedicated logistics, they ensure efficient marketing and distribution, making them a reliable source for securing high-quality crude oil.
Reference
Core business
EN590 D2 D6 JETA1 CRUDE OIL LNG LPG| OILTRADE
WE SPEICALIZE IN SELLING & BUYING CRUDE OIL AND PETROLEUM PRODUCTS.
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Oil Price Hourly
Aberdeen City, United Kingdom
A
1-10 Employees
2015
Key takeaway
OilpriceAPI offers comprehensive live and historical price data for Brent Crude and WTI, making it a valuable resource for those interested in crude oil metrics. With over 5 million data points and daily averages dating back to May 1987, it provides essential insights for analysis and decision-making in the oil market.
Reference
Core business
Oil Price API - Live oil price data
RU GLOBAL WEALTH LTD
United Kingdom
A
1-10 Employees
-
Key takeaway
Globalwealth Ltd has partnered with a company focused on independent oil and gas exploration and production, highlighting their involvement in the crude oil sector. This collaboration enhances their service offerings related to the oil and gas industry.
Reference
Product
Crude Oil | Globalwealth Ltd
Oil Trading Ltd
-
1-10 Employees
2020
Key takeaway
OilTrading.com is an experienced oil trading company that specializes in buying, selling, and distributing crude oil. With over 50 years in the industry, they emphasize a collaborative approach to efficiently deliver results in the global oil market.
Reference
Core business
OilTrading.com | Experts in Buying, Selling & Distributing Oil
Jet Fuel A1 FOB Rotterdam
London, United Kingdom
A
11-50 Employees
1999
Key takeaway
LTPN, a subsidiary petroleum company, specializes in the international trade of crude oil and various refined petroleum products. They offer a range of supplies, including crude oil ESPO/REBCO, and are positioned to meet the needs of end buyers.
Reference
Core business
L T P N ® O i l & G a s
We engage in International trade of Crude Oil and various types of Refined Petroleum Products, has offers are available for End Buyer.
Petro-Logistics
Geneva, Switzerland
A
11-50 Employees
1980
Key takeaway
Petro-Logistics provides comprehensive global crude oil supply and export data, offering accurate and timely information from major producers and suppliers, with detailed breakdowns by country for various grades.
Reference
Product
Global Crude Oil Supply and Export Data | Petro-Logistics
Accurate and timely data from the largest global producers and suppliers. Break downs by country for grades such as sweet, sour, light, heavy, and condensates.
Connect Oil Limited
South Oxfordshire, United Kingdom
A
1-10 Employees
-
Key takeaway
Connect Oil is a key intermediary broker in the petroleum products market, providing valuable market information and analytical reports used by energy professionals and traders. They operate in a global wholesale marketplace, which includes crude oil and related products.
Reference
Core business
Connect Oil Limited - Brokers of petroleum products, compulsory oil stocks and environmental product markets - Home
Brokers of refined oil products, compulsory oil stocks and renewable transport fuel certificates (RTFC's)
ProValue International Commodity Platform
Yekaterinburg, Russia
C
11-50 Employees
-
Key takeaway
The company offers supplies of crude oil, specifically "Bonny Light" and "Forcados" from Nigeria, with a capacity of 2-4 million barrels per month.
Reference
Product
Crude Oil - ProValue Industry
We offer supplies of crude oil "Bonny Light" and "Forcados" from Nigeria, 2-4 million barrels per month, CIF ASWP, +Performance bond 2%.
Technologies which have been searched by others and may be interesting for you:
Crude oil is a naturally occurring liquid found in geological formations beneath the Earth's surface. It is primarily composed of hydrocarbons and other organic materials. This valuable resource serves as a major source of energy and is refined into various products such as gasoline, diesel, and jet fuel. The extraction and production of crude oil involve complex processes, including drilling and refining. Different types of crude oil exist, categorized by their density and sulfur content, which influence their market value and the refining processes required to convert them into usable products.
Crude oil extraction involves several methods, primarily depending on the geological conditions of the oil reservoir. The most common technique is primary recovery, which uses natural pressure or pumps to bring oil to the surface. This method typically extracts about 10-20% of the crude oil present in a reservoir. When primary recovery is insufficient, operators may employ secondary recovery methods. These include water flooding, where water is injected into the reservoir to maintain pressure and displace oil towards production wells. In some cases, tertiary recovery, also known as enhanced oil recovery, is utilized. This technique involves injecting substances like steam or carbon dioxide to reduce the viscosity of the oil, making it easier to extract.
Crude oil serves as a fundamental resource in various industries, primarily in the production of fuels. One of the most significant uses is in the creation of gasoline, which powers vehicles and machinery. Additionally, crude oil is essential for producing diesel fuel and jet fuel, facilitating transportation across air, land, and sea. Beyond fuels, crude oil is a critical raw material for the petrochemical industry. It is transformed into various chemicals that are used to manufacture plastics, synthetic fibers, and fertilizers. Moreover, products such as lubricants and asphalt are derived from crude oil, highlighting its versatility and importance in everyday life and industrial applications.
Several factors play a significant role in determining the price of crude oil. Supply and Demand The balance between supply and demand is crucial. When demand outstrips supply, prices tend to rise. Conversely, oversupply can lead to price declines. Global economic conditions, such as growth rates in major economies, heavily influence this balance. Geopolitical Events Geopolitical tensions in oil-producing regions can cause price fluctuations. Conflicts, sanctions, or political instability can disrupt production and lead to uncertainty in the market, often resulting in increased prices. OPEC Decisions The Organization of the Petroleum Exporting Countries (OPEC) plays a pivotal role in regulating oil production levels. Decisions made by OPEC regarding production cuts or increases can significantly impact crude oil prices globally. Currency Value Since crude oil is typically traded in US dollars, fluctuations in the dollar's value can affect pricing. A stronger dollar often leads to lower oil prices as it makes oil more expensive for buyers using other currencies. Natural Disasters Events such as hurricanes or earthquakes can disrupt oil production and refining processes, causing temporary spikes in prices due to supply disruptions. Understanding these factors is essential for anyone involved in the crude oil market.
Crude oil extraction and consumption significantly impact the environment in various ways. The process of drilling and transporting crude oil can lead to oil spills, which are detrimental to marine and terrestrial ecosystems. These spills can cause long-lasting damage to habitats, affecting wildlife and plant life and contaminating water sources. Additionally, burning crude oil releases carbon dioxide and other greenhouse gases into the atmosphere, contributing to climate change and air pollution. The extraction process also often results in habitat destruction, as natural landscapes are altered or degraded to access oil reserves. These environmental consequences highlight the urgent need for sustainable practices in the energy sector.
Some interesting numbers and facts about your company results for Crude Oil
| Country with most fitting companies | United States |
| Amount of fitting manufacturers | 5115 |
| Amount of suitable service providers | 5405 |
| Average amount of employees | 11-50 |
| Oldest suiting company | 1980 |
| Youngest suiting company | 2020 |
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Some interesting questions that has been asked about the results you have just received for Crude Oil
What are related technologies to Crude Oil?
Based on our calculations related technologies to Crude Oil are Water/Ocean Cleaning Technologies, Waste Management, Renewable Energy, Sustainable Fashion, Smart Grid
Who are Start-Ups in the field of Crude Oil?
Start-Ups who are working in Crude Oil are Oil Trading Ltd
Which industries are mostly working on Crude Oil?
The most represented industries which are working in Crude Oil are Oil, Energy and Gas, Other, Chemicals, Logistics, Supply Chain and Transportation, Manufacturing
How does ensun find these Crude Oil Suppliers?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.
