Thursday, February 23, 2012
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Oil Price

Oil Price

DUC Crude Oil is a low sulphur, naphtenic type North Sea crude oil which produces a range of high quality products. The unique nature of DUC Crude Oil allows refiners to select a range of complementary crudes to yield synergetic benefits.

See below for summary assay table or download detailed assay here

Gravity, API degrees 33.6
Density, kg/l 0.857
Sulphur, wt% 0.26
Pour Point, C -51
Viscosity, cSt@40C 5.1
Acid number, mg KOH/g 0.04
Atmospheric residue, wt% at 370C 41.0

 

Crude Oil

Source: http://oilprice.com/Energy/Crude-Oil/

 

Heating oil is a heavy fuel oil that is derived from crude oil. Heating oil accounts for about 25% of the yield from a barrel of crude oil thus the price of heating oil is highly correlated to the price of crude. Heating oil is commonly used for fuel for furnaces and boilers in buildings resulting in higher demand during the winter months from October through March with a drop off during the summer. Heating oil is quoted in US Dollars per gallon, equivalent to 4.55 litres.

Heating Oil

Source: http://oilprice.com/Energy/Heating-Oil/

 

Natural Gas is one of the principle sources of energy for many of our day-to-day needs and activities. This section provides an overview of some of the characteristics of this vital gas. The links [to the left] lead you to a number of areas of interest surrounding natural gas as a fossil fuel.

  • The Background section contains a description of what exactly natural gas is, how it is formed and how it is found in nature.
  • The History section provides a brief history of the importance of natural gas in society, and the beginnings of the modern natural gas industry.
  • The Resources section contains information on how much natural gas is thought to exist, and where it may be found both in North America and Worldwide.
  • The Uses section provides information on what exactly natural gas is used for, and why it is such an important energy source in our society.

Natl Gas

Source: http://oilprice.com/Energy/Natural-Gas/

 

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