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A refinery...
BLCO means "Bonny Light crude oil" which is a crude from Nigeria.
There is jet fuel, asphalt, petroleum gas, kerosene, heating oil, and lubricating oil. These are all set at different levels of the fractional distillation tower that is used to separate all these products from its original state as crude oil. Then they are tubed off to where they need to go.
crude oil
Basestock is refined petroleum oil with no additives.
Petrol is made out of crude oil which is a natural resource. When the crude oil is refined, petrol is produced in addition to other by-products like diesel.
It varies alot. The minimum value is zero- as some crude oil are refined into other products. So, let's assume this is a crude that is economical to refine into gasoline. In this case , it can be as low as 2 gallons or as high as 23 gallons. (1 bbl = 42 gallons) Expressed as a percentage of the crude oil, this is 5 to 55%. (See attached links). The crude oil not refined as gasoline will be refined for other products. Common refined products from crude oil are provided in the related link, and will differ depending on the properties of the crude oil. It's very interesting that after refining, there will be more gallons of produced products than the original barrel of crude oil.
Crude oil is a natural product, it's refined by man into the products we all use.
Once crude oil is refined there are a variety of marketable products for profit. Crude oil can only be used directly as a fuel in certain steam engines, once refined there are many more options.
It is refined from crude oil
One of the first commercially viable products refined from crude was Kerosene, which was the "hurricane lamp" fuel of the later 1800's.
It's the other way around. Oil is made into plastic during the riefining process, when crude oil is refined to use in your car, and many other products.
yes, both are made from refined crude oil,
Refined .A bit more:Refined could apply to oil and people. Crude oil is oil as it is pumped from the ground, before it's refined and made into gasoline, etc. Crude people are those who are not "refined", as in lacking a certain type of class.
Crude Oil is refined into gasoline.
After crude oil is removed from the ground, it is sent to a refinery by pipeline, ship, or barge. At a refinery, different parts of the crude oil are separated into usable petroleum products.
Regarding Crude Oil or Refined Products? NWE is North West Europe, and Platts is a pricing agency that defines contracts for crude oil and refined products. Eg. Platts NWE Fuel Oil is the price of the Platts fuel oil futures contract at the Rotterdam NWE delivery point.