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Petroleum products are materials derived from crude oil as it is processed in oil refineries. Unlike petrochemicals, which are a collection of well-defined usually pure organic compounds, petroleum products are complex mixtures. [1] Most petroleum is converted into petroleum products, which include several classes of fuels. [2]
Petroleum [a] is a naturally occurring yellowish-black liquid mixture. It consists mainly of hydrocarbons, [1] and is found in geological formations. The term petroleum refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refined crude oil.
The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 over the WTI Spot price ...
A shale gas well being drilled by a drilling rig in Pennsylvania. Produced water is a term used in the oil industry or geothermal industry to describe water that is produced as a byproduct during the extraction of oil and natural gas, [1] or used as a medium for heat extraction.
Pitch produced from petroleum may be called bitumen or asphalt, while plant-derived pitch, a resin, is known as rosin in its solid form. Tar is sometimes used interchangeably with pitch, but generally refers to a more liquid substance derived from coal production, including coal tar , or from plants, as in pine tar .
Paraffin wax (or petroleum wax) is a soft colorless solid derived from petroleum, coal, or oil shale that consists of a mixture of hydrocarbon molecules containing between 20 and 40 carbon atoms. It is solid at room temperature and begins to melt above approximately 37 °C (99 °F), [ 2 ] and its boiling point is above 370 °C (698 °F). [ 2 ]
It’s also a job supplier: The oil and gas industry employs more than 10 million people in the U.S. and contributes about 8% of the nation’s gross domestic product, according to the American ...
Most often, mineral oil is a liquid obtained from refining crude oil to make gasoline and other petroleum products. Mineral oils used for lubrication are known specifically as base oils . More generally, mineral oil is a transparent , colorless oil, composed mainly of alkanes [ 2 ] and cycloalkanes , related to petroleum jelly .