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A sample of synthetic motor oil. Synthetic oil is a lubricant consisting of chemical compounds that are artificially modified or synthesised. Synthetic lubricants can be manufactured using chemically modified petroleum components rather than whole crude oil, but can also be synthesized from other raw materials. The base material, however, is ...
Side-by-side comparison of FT synthetic fuel and conventional fuel. The synthetic fuel is extremely clear because of the near-total absence of sulfur and aromatics. Synthetic fuel or synfuel is a liquid fuel , or sometimes gaseous fuel , obtained from syngas , a mixture of carbon monoxide and hydrogen , in which the syngas was derived from ...
The chemical profiles, or crude oil assays, specify important properties such as the oil's API gravity. The delivery locations are usually sea ports close to the oil fields from which the crude was obtained (and new fields are constantly being explored), and the pricing is usually quoted based on FOB ( free on board , without consideration of ...
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Multigrade synthetic oil—in SAE 5W-40 and 15w-40 viscosity ranges [3] Single grade conventional oil—in SAE 20, 30, 40 and 50; Synthetic blend oil; Shell is marketing their new CJ-4/SM oil as "Triple Protection," meaning it provides enhanced qualities for engine wear, soot control and engine cleanliness.
Using benchmarks makes referencing types of oil easier for sellers and buyers. There is always a spread between WTI, Brent and other blends due to the relative volatility (high API gravity is more valuable), sweetness/sourness (low sulfur is more valuable) and transportation cost. This is the price that controls world oil market price.
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