Search results
Results from the WOW.Com Content Network
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]
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 ...
When formulated as a fuel for engines, gasoline is chemically composed of organic compounds derived from the fractional distillation of petroleum and later chemically enhanced with gasoline additives. It is a high-volume profitable product produced in crude oil refineries. [1]
Heavy crude refining techniques may require more energy input [citation needed] though, so its environmental impact is presently more significant than that of lighter crude if the intended final products are light hydrocarbons (gasoline motor fuels). On the other hand, heavy crude is a better source for road asphalt mixes than light crude.
Fuel additives in the United States are regulated under section 211 of the Clean Air Act (as amended in January 1995). The Environmental Protection Agency (EPA) requires the registration of all fuel additives which are commercially distributed for use in highway motor vehicles in the United States, [8] and may require testing and ban harmful additives.
Most often, mineral oil is a liquid obtained from refining crude oil to make gasoline and other petroleum products. Mineral oils used for lubrication are known specifically as base oils. More generally, mineral oil is a transparent, colorless oil, composed mainly of alkanes [2] and cycloalkanes, related to petroleum jelly.
Laredo Petroleum Holdings (NYS: LPI) is expected to report Q1 earnings on May 9. Here's what Wall Street wants to see: The 10-second takeaway Comparing the upcoming quarter to the prior-year ...
Petroleum [a] is a naturally occurring yellowish-black liquid mixture. It consists mainly of hydrocarbons, [1] and is found in geological formations.The term petroleum refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refined crude oil.