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  2. Synthetic oil - Wikipedia

    en.wikipedia.org/wiki/Synthetic_oil

    Synthetic oil. Synthetic oil is a lubricant consisting of chemical compounds that are artificially modified or synthesised. Synthetic lubricants can be manufactured using chemically modified petroleum components rather than whole crude oil, but can also be synthesized from other raw materials. The base material, however, is still overwhelmingly ...

  3. Automatic transmission fluid - Wikipedia

    en.wikipedia.org/wiki/Automatic_transmission_fluid

    For the transmission lubricant, see gear oil. Automatic transmission fluid. Automatic transmission fluid (ATF) is a hydraulic fluid that is essential for the proper functioning of vehicles equipped with automatic transmissions. Usually, it is coloured red or green to differentiate it from motor oil and other fluids in the vehicle.

  4. Synthetic fuels in the United States - Wikipedia

    en.wikipedia.org/wiki/Synthetic_fuels_in_the...

    Synthetic production of liquid fuels (i.e., gasoline and oil substitutes) in the United States has a long history. In the 19th century, dozens facilities produced oil, gas, grease and paraffin from coal, but by 1873, cheap petroleum caused the last coal oil plant to close. The commercial scale shale oil extraction began in 1857 at shale oil ...

  5. Oil additive - Wikipedia

    en.wikipedia.org/wiki/Oil_additive

    Oil additive. Oil additives are chemical compounds that improve the lubricant performance of base oil (or oil "base stock"). The manufacturer of many oils can use the same base stock for each formulation and can choose different additives for each use. Additives comprise up to 5% by weight of some oils. [1]

  6. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    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 ...

  7. West Texas Intermediate - Wikipedia

    en.wikipedia.org/wiki/West_Texas_Intermediate

    West Texas Intermediate (WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX). The WTI oil grade is also known as Texas light sweet.

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