A barrel of crude oil 147 USD was in 2008. The international crude oil market pricing is based on the standard oil in the major oil producing areas in the world. On July 1 1 day, 2008, the oil price in new york hit a record high of $47.27 per barrel due to the continuous tension in the Middle East and the market's concern about the global crude oil supply shortage.

/kloc-what year is the crude oil of $0/47?

Crude oil usually refers to crude oil, which is a dark brown viscous oily liquid with green fluorescence and special smell. It is also a mixture of various liquid hydrocarbons such as alkanes, cycloalkanes, aromatic hydrocarbons and olefins.

Crude oil products can be divided into petroleum fuel, petroleum solvent and chemical raw materials, lubricating oil, paraffin, petroleum asphalt, petroleum coke and so on.

At present, about 65% of the world's crude oil trading volume is based on Brent crude oil in the North Sea.