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What is Crude Oil

A naturally occurring, unrefined liquid petroleum product that is comprised of hydrocarbon deposits and other organic material. A type of fossil fuel, crude oil can be refined to produce usable products such as gasoline, diesel and other various forms of petrochemicals.

Crude oil is classified by its varying degrees of sweet or sour. The main types of crude oil are categorized as very light, light, medium and heavy. There is also synthetic crude oil. Some of the well known examples of crude oil include West Texas Intermediate (WTI), North Sea Brent, Brent Blend and Dubai Crude.

Other descriptors of oil include its level of toxicity, viscosity and volatility.

Our Global Finance Terms and Phrases

GlobEx Markets has created an extensive listing of global finance terms and phrases. The terms that we have collected and compiled range from securities, derivatives and commodities to foreign products and Islamic finance.

Since the universe of financial terms is large, GlobEx Markets has built 3 publications of terms and phrases for 3 specific areas of finance. The first publication, "The Language of Global Finance: Stocks, Bonds and Investments", has more than 1,400 terms and phrases that are focused upon stocks, bonds and investments.

The second publication, "The Language of Global Finance: Options, Futures and Commodities", has more than 900 terms and phrases that are focused upon options, futures and commodities. The third publication of the series, "The Language of Global Finance: Islamic Finance", focuses on the specialized field of Islamic Finance.

Knowledge is the Key

The most successful investors and risk managers use every tool at their disposal, which includes the understanding and the use of global finance terms and phrases. GlobEx Markets publications will improve your knowledge and understanding of global finance.

  • Wall Street Journal
  • Financial Times
  • Bloomberg
  • Nikkei Asian Review
  • Reuters