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So periodic oil and filter changes should still be done with synthetic oil, but some synthetic oil suppliers suggest that the intervals between oil changes can be longer, sometimes as long as 16,000–24,000 kilometres (9,900–14,900 mi) primarily due to reduced degradation by oxidation.
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
Using benchmarks makes referencing types of oil easier for sellers and buyers. There is always a spread between WTI, Brent and other blends due to the relative volatility (high API gravity is more valuable), sweetness/sourness (low sulfur is more valuable) and transportation cost. This is the price that controls world oil market price.
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A sample of synthetic motor oil Synthetic oil is a lubricant consisting of chemical compounds that are artificially modified or synthesised. Synthetic oil is used as a substitute for petroleum-refined oils when operating in extreme temperature, in metal stamping to provide environmental and other benefits, and to lubricate pendulum clocks .
Over the past five years, smartphone prices have dropped, falling from over $318 in 2021 to $287 in 2024. Enhanced production efficiencies, a growing market for refurbished models and increased ...
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