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The enduring influence of petroleum and petroleum products
Crude oil has long been a cornerstone of global development, acting as a driver of industrial progress and a linchpin in global energy security. Its pivotal role can be traced back to the mid-19th century, when it first began to catalyze unprecedented economic growth and reshape societies. In the 178 years since Baku became the site of the first oil well drilled in 1846, the vast utility and ubiquity of oil has made it essential in powering industry, improving living standards, driving advancements in transportation, and propelling trade and economic development. Historical catalyst for development Historically, the ... (full story)
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- Posted: Sep 4, 2024 10:40pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 88
