Oil pares losses after Saudi price increase
Photo caption: Oil Oil prices ticked up in early Asian trading on Thursday, steadying from a sell-off the previous day after Saudi Arabia’s state
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Oil has been the world’s most important source of energy since mid-1950s. Its products underpin modern society, supplying energy to power industry, heat homes, fuels for vehicles and various means of transportation to carry goods and people all over the world.
For this reason, it is important we stay informed on one of our high-priced goods to ensure our resources are safe and secured.