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Other properties such as Molecular Weight, saturated aromatic resin and asphaltene (SARA), refractive index, wax appearance temperature, asphaltene precipitation, and acid number, are also specified at Stock Tank conditions. [1] Typically stock tank conditions are 14.7 psia and 60 °F (101,325 Pa and 16 °C).Flowrates of oil are commonly ...
The U.S. Energy Information Administration defines the barrel of oil equivalent as about 6 gigajoules (1.7 megawatt-hours; 5.7 million British thermal units). [1] The value is necessarily approximate as various grades of oil and gas have slightly different heating values.
The first approximation, in years, to the duration of a stock is the ratio of the two terms, stock price divided by the annual dividend amount. Since the present value of future dividends gets a bit less with each passing year (or even quarter or month), the duration is a bit longer than that approximation.
However, an acceptable range for the current ratio could be 1.0 to 2. Ratios in this range indicate that the company has enough current assets to cover its debts, with some wiggle room.
Definition of formation volume factor Bo and gas/oil ratio Rs for oil. When oil is produced to surface temperature and pressure it is usual for some natural gas to come out of solution. The gas/oil ratio (GOR) is the ratio of the volume of gas ("scf") that comes out of solution to the volume of oil — at standard conditions.
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 ...
Your current ratio tells you how prepared you are to manage your debts during a financial emergency. You can calculate your current ratio by following these steps: Add up your current assets ...
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