Across
- 2. Organization of oil-producing countries coordinating oil policies to stabilize global markets.
- 3. Economic model determining oil prices based on availability and consumer need.
- 5. Limit set by OPEC to control oil export volumes and stabilize market prices.
- 8. Chemical products derived from petroleum, used in plastics, fertilizers, and more.
- 10. Process of extracting oil from reserves and making it ready for commercial use.
- 11. Process of searching for underground oil deposits using geological and geophysical methods.
- 12. Proven underground oil quantities available for extraction and future energy production.
- 14. National policy ensuring stable, affordable energy supply, reducing reliance on imports.
- 15. Standard unit of measurement for oil volume, approximately 159 liters or 42 gallons.
Down
- 1. Natural energy sources like oil, coal, and gas formed from ancient organic matter.
- 4. Sector involved in the exploration, extraction, refining, and distribution of oil products.
- 6. Reliance on foreign oil imports to meet domestic energy needs and consumption.
- 7. Market-determined cost of oil influenced by geopolitical events and economic factors.
- 9. Global marketplace where energy commodities, including oil, are traded and priced.
- 13. Unrefined petroleum extracted directly from the ground, essential for global energy supply.