Oil Market
- D2 Diesel Oil:
The principal differentiators in GASOIL or D2 is the content of sulphur. Just 10 years ago, the US EPA introduced a limit of 4% sulphur in the GASOIL, whereas Europe and the rest of the world followed later. As in most other cases, when you first have to remove the sulphur, it was soon discovered ways of doing this more efficient. Then it was discovered that the sulphur.
As sulphuric acid, could be traded with a good profit - which now is the motivator for extracting as much as possible.
Well, pour this over limestone, and you get cement and add to it other chemicals, and you can get cement that are more valuable than the Gasoil / D2.
- Bitumen:
For civil engineering applications, bituminous materials include primarily aphalts and tars. Asphalts may occur in nature (natural asphalts) or may be obtained from petroleum processing (petroleum asphalts). Tars do not occur in nature and are obtained as conden-sates in the processing of coal, petroleum, oil-shale, wood or other organic materials. Pitch is formed when a tar is partially distilled so that the volatile constituents have evaporated off from it. Bituminous mixtures are generally used to denote the combinations of bituminous materials (as binders), aggregates and additives.
- Crude Oil:
Mixture of naturally occurring hydrocarbons that is refined into diesel, gasoline, heating oil, jet fuel, kerosene, and literally thousands of other products called petrochemicals. Crude oils are named according to their contents and origins, and classified according to their per unit weight (specific gravity). Heavier crudes yield more heat upon burning, but have lower API gravity and market price in comparison to light (or sweet) crudes.
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