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TeachMeFinance.com - explain Equity crude oil Equity crude oil The term 'Equity crude oil' as it applies to the area of energy can be defined as ' The proportion of production that a concession owner has the legal and contractual right to retain'. Previous 5 Terms: equine Equinox Equi-Potential Line Equity (financial) Equity capital Next 5 Terms: Equity in earnings of unconsolidated affiliates Equivalence Equivalency Review equivalent Equivalent diameter (equivalent size) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.