Tiny landlocked state. No oil. No diamonds. No natural resources.

Because they have an entire economic system that's dependent on that oil foreign oil, oil from other parts of the world that they don't own.

Not just BP.

Oil producers can also restrict supply by holding oil inventory in tankers at sea or in other storage facilities. Conversely, producers can put more oil on the market by increasing production or by running down their inventories.

At the same time, oil hedging not only raises oil prices but results in huge reserves of cash in oil producing countries.

Oil doesn't sink, it floats.

It was oil.

The world is running out of oil.

Oil. Oil. This was a big topic.

You see a lot of oil on the ocean.

There are 98 oil producing nations in the world.

Turtles eat it. It gets in the gills of fish.

Which is the truth. It's their oil.

Oilmen spent the energy equivalent of 1 barrel of oil to find and extract 100.

It's your oil, not ours.

And the OPEC nations are the ones that price the oil.

My main business is oil.

Oil

Table 2 Petrol, oil and lubricants

The oil price goes through the floor. That company goes out of business, and then you can bring the oil price back up.

On the top line, this is the BP oil spill billions of barrels of oil gushing in the Gulf of Mexico.

The traditional way to make plastics is with oil or petrochemicals.

Oil revenue and the macroeconomic impact of oil windfalls

Moreover, during the reporting period, the National Parliament approved the law on the Petroleum Fund, the law on petroleum taxation and the law on petroleum activities.

As oil prices go up, energy patents go up.

I'm talking about OPEC oil.

You see a lot of oil on the shoreline.

When they come back, they actually dump this oily ballast water into the ocean.

The production of cocoa, coffee, palm oil and oil and gas increased in 2004.

Right now today, in Oslo as it happens, oil companies are fighting to keep secret their payments to governments for extracting oil in developing countries.

Indeed, the significant and disproportionate impact of the most recent increases on the poorest oil importing developing countries had not been offset to the same extent as in 2000 and 2004 by higher non oil commodity prices.

Shell Oil?

Indeed, because oil prices were rising while the dollar was declining, capacity expansion by oil firms failed to meet forecasts for non OPEC production in the last three years. Even oil production in the United States has not matched the increase in oil prices, as rising import costs for tools and equipment partly a reflection of the dollar s weakness and other factors have forced project delays and cancellations.

In the nineteen sixties, six barrels of oil were found for every one that was used.

The Ceylon Petroleum Corporation which has the monopoly of importing petroleum has agreed to introduce lead free gasoline from 1996.

Penguins don't like oil and they don't like to swim through oil.

But what about oil? Where is it in the energy system?

Oil detection for the State Pollution Control Authority (SFT) and oil companies

We'd have made improvements around here, oil or no oil.

It was actually developed for use by the offshore oil industry for diving on oil rigs down to a depth of 2,000 feet.

The Oil Producing Countries

Petroleum products

Minister of Petroleum

L. Oil

It's Shell Oil.