Finishing oil linen or cotton fabrics with the boiled oil. Tung oil is pressed from the nuts of the tung tree. Raw tung cures better than raw linseed and so it is often used in this form. As tung oil yellows with age less than linseed, it is favoured for high quality and furniture work. Most modern finishing oils use a blend of oil and a thinning agent such as white spirit. Raw oils tend to be applied too thickly, leading to a thick layer that cannot cure effectively and so remains sticky. A thinned oil is easier and more reliable to
World oil market chronology from 2003 two major oil suppliers reducing supply generated fears of a repeat of the 1973 oil crisis. The mid-July decision of Saudi Arabia to increase oil output caused little significant influence on prices. According to the oil minister of the Islamic Republic of Iran, Gholam-Hossein Nozari, the world markets were saturated and a Saudi promise of increased production would not lower prices. Several Asian refineries were refusing Saudi petroleum in late June because they were over priced grade. On July 3, "the Brent North Sea crude contract for August delivery rose to $US145.01 a barrel" in Asian trade. London Brent crude