Oil futures volatility and the economy

The drone strike on Saudi Arabia's oil infrastructure has highlighted the fragile and interconnected relationship between crude oil supply and the global economy, with new research bringing these economic ties into greater ...

Coastal birds can weather the storm, but not the sea

How can birds that weigh less than a AA battery survive the immense power of Atlantic hurricanes? A new study in Ecology Letters finds that these coastal birds survive because their populations can absorb impacts and recover ...

The human cost of palm oil development

The oil palm industry likes to present itself as a success story in fighting rural poverty in tropical countries, an image supported by a recent article in The Conversation. Is it true?

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Oil

An oil is a substance that is in a viscous liquid state ("oily") at ambient temperatures or slightly warmer, and is both hydrophobic (immiscible with water) and lipophilic (miscible with other oils, literally). This general definition includes compound classes with otherwise unrelated chemical structures, properties, and uses, including vegetable oils, petrochemical oils, and volatile essential oils. Oil is a nonpolar substance.

The term oil is often used colloquially to refer to petroleum.

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