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Reid vapor pressure (RVP) is a common measure of the volatility of gasoline and other petroleum products. [1] It is defined as the absolute vapor pressure exerted by the vapor of the liquid and any dissolved gases/moisture at 37.8 °C (100 °F) as determined by the test method ASTM-D-323, which was first developed in 1930 [2] and has been revised several times (the latest version is ASTM D323 ...
Volatility is up, and the S&P 500 chalked both its best and worst day of the year this past week. And that you can have both in the span of a few days is an important market lesson.
The most basic gasoline price data is not adjusted for other economic factors, including incomes, which have been rising over time. Fact-check: How high are gasoline prices today, really? Skip to ...
Gasoline should ideally be stored in an airtight container (to prevent oxidation or water vapor mixing in with the gas) that can withstand the vapor pressure of the gasoline without venting (to prevent the loss of the more volatile fractions) at a stable cool temperature (to reduce the excess pressure from liquid expansion and to reduce the ...
U.S. gasoline prices rose earlier this month but are falling again after West Coast refinery outages subsided and seasonal demand fell. President Joe Biden plans to sell the last portion of a ...
True vapor pressure (TVP) is a common measure of the volatility of petroleum distillate fuels. It is defined as the equilibrium partial pressure exerted by a volatile organic liquid as a function of temperature as determined by the test method ASTM D 2879.
Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.
Fuel price risk management, a specialization of both financial risk management and oil price analysis and similar to conventional risk management practice, is a continual cyclic process that includes risk assessment, risk decision making and the implementation of risk controls.