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The Platts assessment process determines the value of physical commodities 15–30 days forward for many oil products loading in Singapore. [1]MOPS is an acronym that stands for the Mean of Platts Singapore, and typically refers to any contract mechanism that derives its value by referencing the average of a set of Singapore-based oil price assessments published by Platts.
Palm stearin is the solid fraction of palm oil that is produced by partial crystallization at controlled temperature. [1] It is a stearin in the sense of stearins and oleins being the solid and liquid fractions respectively of fats and oils; not in the sense of glyceryl tristearate .
Crude oil export revenue by country (annually) A world map of countries by oil exportation, 2022. This is a list of oil-producing countries by oil exports based on data for 2022 by CEIC. Oil in this list refers to base crude oil only, and not refined petroleum products such as gasoline, diesel and airplane fuel.
U.S. Energy Information Administration: World Crude Oil Prices Archived 2008-11-10 at the Wayback Machine; BP Crude Grades; Intertek: Crude Oil Grades and Types; MeGlobalOil: Carriage of Heavy Grade Oil; Statoil.com: Crude oil assays; EnergyIntel.com: The Crude Oils and their Key Characteristics; Capline system crude oil properties and quality ...
For stearin, these melt at 54 (α-form), 65, and 72.5 °C (β-form). [3] Note that stearin is also used to mean the solid component of an oil or fat that can be separated into components that melt at higher (the stearin) and lower (the olein) temperatures. This is the usage meant in an example such as palm stearin.
It is related to two other edible oils: palm oil, extracted from the fruit pulp of the oil palm, and coconut oil, extracted from the kernel of the coconut. [2] Palm kernel oil, palm oil, and coconut oil are three of the few highly saturated vegetable fats; these oils give the name to the 16-carbon saturated fatty acid palmitic acid that they ...
Minimum price fluctuation $0.01 (1) per barrel ($10.00 per contract). Maximum daily price fluctuation None. Daily settlement A daily OSP settlement price will be published as at 16:30 (Singapore) 03:30 or 04:30 EST. This price represents the weighted average price of trades in the nearby Contract Month between 16:25 and 16:30 (Singapore).
According to The World Fact Book, Singapore produces about 20,170 barrels of crude oil per day, ranking it 78th in the list of the world's oil producing countries. [3] The government-owned Singapore National Oil Corporation (Abbreviation: SNOC) is in charge of the governance of the country's oil industry and protecting it. [4]