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hottest commodity meaning pepe unchain Bnb Eth XRP Bitcoin crypto futures coinbase futures

What does hot commodity mean?

Blossom Word Game Pick the best words! Spelling Bee Quiz Can you outdo past winners of the National Spelli... The meaning of HOT COMMODITY is someone or something that is highly valued or in much demand. How to use hot commodity in a sentence.

What is the hottest commodity in the world?

Nor is it an exotic petroleum feedstock used to make plastics. The hottest commodity goes by the acronym of OCTG, meaning oil country tubular goods — a verbose way to say drill pipe. The benchmark price for drill pipe has surged to a record $4,150 per short ton, a 90% increase from $2,300 a year ago.

What is the hottest commodity in the oil industry?

The hottest commodity in the oil industry isn’t crude, gasoline, diesel or jet fuel. Nor is it an exotic petroleum feedstock used to make plastics. The hottest commodity goes by the acronym of OCTG, meaning oil country tubular goods — a verbose way to say drill pipe.

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