Get to know about Oil wells

What exactly is an oil well? This term can be applied to any drilling or orifice made in the crust of the surface of the earth, with the main purpose being the retrieval of petroleum oil, or other fossil fuels. Petroleum oil is usually not the only product that is retrieved. Sometimes, by-products like coal, precious metals, ore and mainly natural gas are bound to turn up in the substances found...
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The Investor and Global turmoil

The present situation that is prevailing all across the globe is not very encouraging for any individual. First it was the near-economic depression that had brought nations to their knees. Now it is the turmoil and unrest that is prevailing in the Middle East which is fueling worldwide sentiments. All these years, ever since the start of the recession, global economies have tumbled and stock...
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After recession markets opted to invest in oil and gas sector

The recession shook the world and took everyone by surprise. Many people lost their jobs, a few even lost their houses. It looked as if the world was suffocating and finding it difficult to breathe. The stock market was down and the investors had taken a huge loss. While many were recovering from the loss, few investors were still interested in finding a way to invest and increase their money....
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Charles Maxwell shares important tips on the volatile oil market

The senior energy analyst of the Weeden & Co, Charles Maxwell, recently said that the hydrocarbon world is fractioned into two parts which are oil and gas. Oil is hitting the headlines these days and it has experienced the modest fluctuations which constantly takes place in any market. From the past few months, the price of the oil has jumped due to arising political fears from the Middle...
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The Future of Indian Oil wells

Oil has been the main commodity the world over for the past so many years. The reason why crude oil has gained so much importance worldwide is because crude oil is the main source of fuel which is being used for automobiles. Apart from this, crude oil is used for the purposes of power generation and is the major fuel being used to run the worldwide industries. In addition to this, crude oil...
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