Danish oil Danish oil Danish oil is a wood finishing oil, often made of tung oil or polymerized linseed oil, although there is no defined formulation so its composition varies among manufacturers. Danish oil is a hard drying oil, meaning it can polymerize into a solid form when it reacts with oxygen in the atmosphere. It can provide a hard-wearing, often water-resistant satin finish, or serve as a primer on bare wood before applying paint or varnish. It is a "long oil" finish, a mixture of oil and varnish, typically around one-third varnish and the rest oil. When applied in coats over
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