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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 ...
From the early 1980s, their owners began to close down COS sites. The significant increases in the price of oil had led many customers to convert to gas, solid fuel, or even to install their own oil tank. With fewer and fewer users per site, and maintenance costs remaining the same, the oil companies went through a closure programme, resulting ...
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The heating oil futures contract trades in units of 1,000 barrels (160 m 3) with a minimum fluctuation of $0.0001 per gallon and (for the USA) is based on delivery in New York Harbor. [ 5 ] The Department of Energy tracks the prices homeowners pay for home heating fuel (oil and propane).
As of 2007, the facility processed approximately 238,000 bbl/d (37,800 m 3 /d) of crude oil, producing 145,000 bbl/d (23,100 m 3 /d) of gasoline and 110,000 bbl/d (17,000 m 3 /d) of distillates. Its products are delivered to East Coast customers via pipeline transport, barges, railcars and tank trucks. [1]
It is 91 miles (146 km) north of New York City and 59 miles (95 km) south of Albany. The city's metropolitan area is grouped with the New York metropolitan area around Manhattan by the United States Census Bureau. [2] The population was 24,069 at the 2020 United States Census. [3] Kingston became New York's first capital in 1777.