Recent News

Mar. 31, 2024, 3:18 PM ET (Reuters)
Oil holds onto gains as investors bet on tighter supply
Mar. 27, 2024, 5:31 AM ET (Reuters)
Oil settles lower as markets weigh Russian supply woes

oil, any greasy substance that is liquid at room temperature and insoluble in water. There are many types, such as essential oil; orris oil; mineral oil (see petroleum); whale oil; pine oil; linseed oil; perilla oil; fish oil; tall oil; citronella oil. There is also cooking oil, such as olive, vegetable, Canola, and argan. A brief treatment of fixed oils follows. For full treatment of edible oils, see fat and oil processing. Fixed oils and fats have the same chemical composition: they consist chiefly of glycerides, resulting from a reaction between an alcohol called glycerol and certain members of a ...(100 of 278 words)