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Generally speaking, oil with an API gravity between 40 and 45° commands the highest prices. Above 45°, the molecular chains become shorter and less valuable to refineries. [8] Crude oil is classified as light, medium, or heavy according to its measured API gravity. Light crude oil has an API gravity higher than 31.1° (i.e., less than 870 kg/m 3)
A chart showing the start price, end price, highs and lows of WTI oil prices for each year of the decade. By mid-January 2022, Reuters raised concerns that an increase in the price of oil to $100—which seemed to be imminent—would worsen the inflationary environment that was already breaking 30-year-old records. [ 122 ]
The gas/oil ratio (GOR) is the ratio of the volume of gas ("scf") that comes out of solution to the volume of oil — at standard conditions. In reservoir simulation gas/oil ratio is usually abbreviated . A point to check is whether the volume of oil is measured before or after the gas comes out of solution, since the remaining oil volume will ...
Ethanol fuel mixtures have "E" numbers which describe the percentage of ethanol fuel in the mixture by volume, for example, E85 is 85% anhydrous ethanol and 15% gasoline. Low-ethanol blends are typically from E5 to E25, although internationally the most common use of the term refers to the E10 blend. Blends of E10 or less are used in more than ...
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Ammonia gas passed into a strong aqueous solution of the sesquicarbonate (a 2:1:1 mixture of (NH 4)HCO 3, (NH 4) 2 CO 3, and H 2 O) converts it into normal ammonium carbonate ((NH 4) 2 CO 3), which can be obtained in the crystalline condition from a solution prepared at about 30 °C. This compound on exposure to air gives off ammonia and ...
Oil prices for Brent in US$ (blue) and Euro (red) From the mid-1980s to September 2003, the inflation adjusted price of a barrel of crude oil on NYMEX was generally under $25/barrel. Then, during 2004, the price rose above $40, and then $60. A series of events led the price to exceed $60 by August 11, 2005, leading to a record-speed hike that ...
In a piston engine, the static compression ratio ( ) is the ratio between the volume of the cylinder and combustion chamber when the piston is at the bottom of its stroke, and the volume of the combustion chamber when the piston is at the top of its stroke. [ 9] It is therefore calculated by the formula [ 10] where. is the displacement volume.
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