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In 1932, Ernst Zaug negotiated the distribution in France of products of the Motul brand with Swan & Finch via his company Supra Penn. [1] In 1953, the Swan & Finch centenary was celebrated with the worldwide launch of Motul Century, which became the first multigrade oil on the European market. However, Swan & Finch suspended its activities in ...
This is a list of notable automotive fuel retailers ("petrol" or "gasoline", "diesel", etc.) and their controlling oil companies. The format of this page is based on current ownership and where they largely operate: Parent company Children (acquired companies and notable brands)
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 ...
The Consumer Price Index (CPI) rose 0.6% over last month and 3.7% over the prior year in August, an acceleration from July's 0.2% monthly increase and 3.2% annual gain in prices.
In June 2005, crude oil prices broke the psychological barrier of $60 per barrel. From 2005 onwards, the price elasticity of the crude oil market changed significantly. Before 2005 a small increase in oil price lead to an noticeable expansion of the production volume. Later price rises let the production grow only by small numbers.
Recession fears, lower demand for gasoline due to high prices, and an unexpectedly large increases in U.S. inventories sent oil prices down more than 2 percent on August 4. Brent finished the day at $94.12 and WTI at $88,54, in both cases the lowest since February. Also, the previous day OPEC and others vowed to increase production in September ...
An oil pump, a vane or gear pump powered by the engine, pumps the oil throughout the engine, including the oil filter. Oil filters can be a full flow or bypass type. In the crankcase of a vehicle engine, motor oil lubricates rotating or sliding surfaces between the crankshaft journal bearings (main bearings and big-end bearings) and rods ...
AMSOIL 10W-40 Synthetic Motor Oil became the first synthetic motor oil in the world to meet American Petroleum Institute (API) service requirements in 1972. [2] [1] The company created its tagline, "The First in Synthetics®," to acknowledge the achievement. Newspaper ad showing that AMSOIL synthetic motor was commercially available by 1968.