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Grades may appear alone - for example, a lawnmower may require SAE 30. This single grade specification means that the oil must meet the SAE 30 requirements. But SAE also allows designating an oil with two viscosity grades, referred to as a multi-grade oil. For example, 10W-30 designates a common multi-grade oil. A 10W-30 oil must pass the SAE ...
Both Rotella T4 15W-40 conventional and, Rotella T6 5W-40 and 15w-40 Synthetic both list the JASO MA/MA 2 standard; this information can be found on the bottle adjacent to the SAE/API rating stamp. JASO is an acronym that stands for Japanese Automotive Standards Organization. Note that the 10W-30 conventional oil does not list JASO-MA.
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 ...
Oil prices could very well reach $100 per barrel. But supply and demand are likely to bring prices back down, say analysts. Oil: If prices top $100, expect 'demand destruction', says analyst [Video]
The Bloomberg Terminal is a computer software system provided by the financial data vendor Bloomberg L.P. that enables professionals in the financial service sector and other industries to access Bloomberg Professional Services through which users can monitor and analyze real-time financial market data and place trades on the electronic trading platform. [1]
Oil Price Information Service (OPIS) is a price reporting agency which provides information that is used for commercial contracts and trade settlement related to petroleum, gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, natural gas, petrochemicals, recycled plastics, refinery feedstocks, residual fuel, and kerosene.
Refined oil products have been on the rise. Gas prices hit new 2023 highs Monday with the national average at $3.88, according to AAA.The price of diesel, which is used to transport goods via ...
Escalating tensions abroad could push oil prices to roughly $90 per barrel, according to one analyst. Prices weren't too far from those levels on Monday, as Brent hovered above $86 per barrel ...