Sour Crude Definition

Sour Crude Definition

What Is Sour Crude? Sour crude is a type of crude oil known for its relatively high sulfur content. The presence of sulfur makes oil more difficult and costly to refine, causing sour crude to be viewed as a less desirable form of crude oil. By contrast, sweet crude oil is known for its low

South African Reserve Monetary establishment Definition

South African Reserve Monetary establishment Definition

What Is the South African Reserve Bank? The South African Reserve Bank (SARB) is the central reserve bank of the Republic of South Africa. Its functions include the formulating and implementing of South Africa’s monetary policy, ensuring the efficiency of South Africa’s financial system, and educating South Africa’s citizens about the monetary and economic situation

PHLX Semiconductor Sector Index (SOX): Definition and Parts

PHLX Semiconductor Sector Index (SOX): Definition and Parts

What Is the PHLX Semiconductor Sector Index (SOX)? The PHLX Semiconductor Sector Index (SOX) is a capitalization-weighted index composed of 30 semiconductor companies. The companies in the index have primary business operations that involve the design, distribution, manufacture, and sale of semiconductors. The index is designed to track the performance of listed semiconductors. Key Takeaways