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Crude Oil Primer

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Crude Oil Primer
Table of Contents

Crude oil......................................................................................................................................1
Ancient Civilisation ...................................................................................................................1
Politics of Black Gold.................................................................................................................1
Physical attributes of crude ......................................................................................................3
Derivatives of crude (Refinery products- Distillation process)...........................................4
Petrochemical chain & Industrial applications......................................................................5
Brief write up on individual commodities .............................................................................5
Demand & Supply Data ............................................................................................................7
Crude oil Demand......................................................................................................................8
Contract Details........................................................................................................................13
Conversion Tables....................................................................................................................14
Glossary .....................................................................................................................................16

Composition
Crude oil is a mixture of thousands of different hydrocarbons
(compounds of hydrogen and carbon), as well as such undesirable impurities such as sulfur, nitrogen, and metals. Individual hydrocarbons have different boiling point range. A sample of crude oil will therefore have a range of boiling points & the mixture can be separated by fractional distillation.
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