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Oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils)
Oils are usually flammable and surface active
Most oils are unsaturated lipids that are liquid at room temperature The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in. Learn about how live oil market prices are determined. Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector
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