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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 ...
Following the oil crisis of 1973-4 refining capacity, and the number of oil refineries, was reduced, and many planned refineries were discontinued. In 1976 there were 17 oil refineries in the UK. [18] By 2000 there were 12 refineries namely: [18] Coryton Oil Refinery. BP Amoco, Coryton refinery (later Petroplus, closed 2012)
The fuel, also known as heating oil in the UK and Ireland, remains widely used in kerosene lamps and lanterns in the developing world. [41] Although it replaced whale oil, the 1873 edition of Elements of Chemistry said, "The vapor of this substance [kerosene] mixed with air is as explosive as gunpowder."
The oil and gas industry in the United Kingdom produced 1.42 million BOE per day [4] in 2014, of which 59% [4] was oil/liquids. In 2013 the UK consumed 1.508 million barrels per day (bpd) of oil and 2.735 trillion cubic feet (tcf) of gas, [5] so is now an importer of hydrocarbons having been a significant exporter in the 1980s and 1990s.
Map of countries with proven oil reserves - according to US EIA (start of 2017) Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration) A map of world oil reserves according to OPEC, January 2014
Oil Price Information Service (OPIS) is a price reporting agency which provides information that is used for commercial contracts and trade settlement related to petroleum, gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, natural gas, petrochemicals, recycled plastics, refinery feedstocks, residual fuel, and kerosene.
Fuel Oil 15.0%; Kerosene 10.0%; About 5.0% of the fuel was used on site for the refinery processes. Non-fuels comprised 4.0% of the production comprising Lubricants, Bitumen and Wax. [7] About 40% of the production from Coryton was exported abroad by ship. The majority (60%) was distributed around the UK by pipeline, road tanker, rail or ...
Pages in category "Oil refineries in the United Kingdom" The following 17 pages are in this category, out of 17 total. This list may not reflect recent changes. C.