Trend KEY INFORMATION DOCUMENT CRUDE OIL REFINED How Crude Oil Is Refined

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Trend KEY INFORMATION DOCUMENT CRUDE OIL REFINED How Crude Oil Is Refined how crude oil is refined 1 KEY INFORMATION DOCUMENT CRUDE OIL REFINED PRODUCTS FUTURES Purpose This document provides key information about this investment product It is not marketing material The information is required by law to help you understand the nature risks costs potential gains and losses of this product and to help you compare it how crude oil is refined Re Refined Oil from crude Finally the re refined oil is combined with a fresh additive package by the blender to bring it up to industry performance levels Because oil does not wear out laboratory tests on the re refined lubricant cannot determine any difference between the highly re refined base oil and virgin crude base oil UNDERSTANDING API crude oil and petroleum products are global commodities First and as such their prices are determined by supply and demand factors on a worldwide basis They are shipped from many sources to many markets see Figure 3 Second the price of crude oil is the most significant factor determining the prices of petroleum products Petroleum Production Transportation Refining Crude Oil as Refinery Feedstock Crude Oil Complex mixture of hydrocarbons heterocompounds Dissolved gases to non volatiles 1000 F boiling material C 1 to C 90 Composition surprisingly uniform 41 Element Wt Carbon 84 87 Hydrogen 11 14 Refining Crude Oil All crude oil in New Zealand is refined by The New Zealand Refining Company at their Marsden Point refinery where it is converted to petrol diesel kerosene aviation fuel bitumen refinery gas which fuels the refinery and sulfur crude oil refinery, crude oil to gasoline process, how is gasoline refined, crude oil refining process, how does an oil refinery work, what is crude oil used for, how a refinery works, what is crude oil,

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