Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, also known as a fossil fuel, which means that it can't be replaced naturally at the rate we consume it and is therefore a limited resource.
In light of the developments over the weekend, Smartkarma will be hosting a flash webinar with Vandana Hari to discuss the outlook for energy markets. The webinar will begin on Monday 9th March at 0715 hours Singapore/ Hong Kong Time, before Asian markets open for trading.