No Summary provided as the original text is short
- Crude Oil: Unrefined petroleum as it is extracted from the ground, later processed into fuels and other products.
- Barrel: A standard unit of measure for oil, equivalent to 42 U.S. gallons or approximately 159 liters.
- Oil Price Benchmarks: Reference prices, such as West Texas Intermediate or Brent, used to value crude oil in global markets.