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Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
Pennzoil was the title sponsor of the Grand Prix of Houston in 2013. Pennzoil also has been the official motor oil of German-American GTLM team BMW Team Rahal Letterman Lanigan Racing since 2015 season and also American Formula One team Haas F1 Team since 2016 season.
In January 1963 Pennzoil purchased 76% of the Wolf's Head Oil Refining Company, [9] and by August of that year they owned 99.56% of Wolf's Head common stock. [ 10 ] In 2002 Shell Oil acquired Pennzoil-Quaker State, [ 11 ] and in 2006 Shell Oil sold Amalie Oil Company the rights to the Wolf's Head brand.
Quaker State is an American brand of motor oils, owned by Shell USA, the US-based division of Shell plc.. The former Quaker State Oil Refining Company had been constituted in 1924 after the Eastern Refining Co. acquired rights to the Quaker State brand name to the Phinny Brothers Oil Company, which had been producing the Quaker lubricants since 1912, gaining reputation in the U.S. after a deal ...
A typical modern application would be Honda motor's use of 5W-20 (and in their newest vehicles, 0W-20) viscosity oil for 12,000 kilometres (7,500 mi). Engine designs are evolving to allow the use of even lower-viscosity oils without the risk of excessive metal-to-metal abrasion, principally in the cam and valve mechanism areas.
Getty Oil Company was an American oil marketing company with its origins as part of the large integrated oil company founded by J. Paul Getty. They went defunct in 2012. They went defunct in 2012. History
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