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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 ...
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]
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Tidewater Oil Company (rendered as Tide Water Oil Company from 1887 to 1936) was a major petroleum refining company during the early 20th century. After operating independently from 1887 to 1926, Tidewater was sold to a holding company. Over the decades, it passed through various corporate hands.
Idemitsu Kosan Co., Ltd. (出光興産株式会社, Idemitsu Kōsan kabushiki gaisha, stylized in logo as idemitsu) is a Japanese petroleum company. It owns and operates oil platforms, refineries, produces and sells petroleum, oils and petrochemical products, [3] and also operates gas stations under the apollostation [a] brand and until 2023, in its own Idemitsu and Shell brands; the Shell ...
In 1956, the company introduced "Custom–Blended" fuel pumps, an innovation that allowed customers of Sunoco service stations to choose from several octane ratings through a single pump. [13] Sunoco stations offered as many as eight grades of "Custom–Blended" fuels from its "Dial A Grade/Blend Selector" pumps ranging from subregular Sunoco ...
Self service The customer performs all required service. Signs informing the customer of filling procedures and cautions are displayed on each pump. Customers can still enter a store or go to a booth to give payment to a person. Unstaffed Using cardlock (or pay-at-the-pump) system, these are completely unstaffed. [35]
Petroleum refinery in Anacortes, Washington, United States. Petroleum refining processes are the chemical engineering processes and other facilities used in petroleum refineries (also referred to as oil refineries) to transform crude oil into useful products such as liquefied petroleum gas (LPG), gasoline or petrol, kerosene, jet fuel, diesel oil and fuel oils.