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42 relations: API gravity, Backronym, Bakken Formation, Benchmark (crude oil), Brant (goose), Brent oilfield, Cushing, Oklahoma, DME Oman Crude Oil Futures Contract, Dubai Crude, Eagle Ford Group, Ekofisk oil field, ExxonMobil, Forties Oil Field, Gasoline, Geological formation, Intercontinental Exchange, International Petroleum Exchange, Iranian oil bourse, Light crude oil, List of crude oil products, Mnemonic, New York Mercantile Exchange, Niobrara Formation, North Sea, North Sea oil, Oil refinery, Oil sands, OPEC Reference Basket, Open outcry, Oseberg oil field, Petrocurrency, Petroleum, Royal Dutch Shell, Specific gravity, Sulfur, Sweet crude oil, Tight oil, United States Department of Energy, United States dollar, Urals oil, Weighted arithmetic mean, West Texas Intermediate.
API gravity
The American Petroleum Institute gravity, or API gravity, is a measure of how heavy or light a petroleum liquid is compared to water: if its API gravity is greater than 10, it is lighter and floats on water; if less than 10, it is heavier and sinks.
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Backronym
A backronym, or bacronym, is a constructed phrase that purports to be the source of a word that is an acronym.
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Bakken Formation
The Bakken Formation is a rock unit from the Late Devonian to Early Mississippian age occupying about of the subsurface of the Williston Basin, underlying parts of Montana, North Dakota, Saskatchewan and Manitoba.
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Benchmark (crude oil)
A benchmark crude or marker crude is a crude oil that serves as a reference price for buyers and sellers of crude oil.
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Brant (goose)
The brant, also known as the brent goose (Branta bernicla) is a species of goose of the genus Branta.
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Brent oilfield
The Brent field is an oil and gas field located in the East Shetland Basin of the North Sea, north-east of Lerwick, Shetland Islands, Scotland, at the water depth of.
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Cushing, Oklahoma
Cushing is a city in Payne County, Oklahoma, United States.
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DME Oman Crude Oil Futures Contract
Launched by the Dubai Mercantile Exchange (DME) on 1 June 2007, the DME Oman Crude Oil Futures Contract (OQD) is the Asian crude oil pricing benchmark.
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Dubai Crude
Dubai Crude is a medium sour crude oil extracted from Dubai.
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Eagle Ford Group
The Eagle Ford Group (also called the Eagle Ford Shale) is a sedimentary rock formation deposited during the Cenomanian and Turonian ages of the Late Cretaceous over much of the modern-day state of Texas.
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Ekofisk oil field
Ekofisk is an oil field in block 2/4 of the Norwegian sector of the North Sea about southwest of Stavanger.
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ExxonMobil
Exxon Mobil Corporation, doing business as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas.
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Forties Oil Field
The Forties Oil Field is the largest oil field in the North Sea, 110 miles east of Aberdeen.
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Gasoline
Gasoline (American English), or petrol (British English), is a transparent, petroleum-derived liquid that is used primarily as a fuel in spark-ignited internal combustion engines.
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Geological formation
A formation or geological formation is the fundamental unit of lithostratigraphy.
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Intercontinental Exchange
Intercontinental Exchange is an American company that owns exchanges for financial and commodity markets, and operates 23 regulated exchanges and marketplaces.
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International Petroleum Exchange
The International Petroleum Exchange, now ICE Futures (since 2005-04-7), based in London, was one of the world's largest energy futures and options exchanges.
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Iranian oil bourse
The Iranian Oil Bourse (بورس نفت ایران), International Oil Bourse, Iran Petroleum Exchange Kish Exchange or Oil Bourse in Kish (IOB; the official English language name is unclear) also known as Iran Crude Oil Exchange,http://en.seo.ir/rendermodule.aspx?SelectedSingleViewItemID.
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Light crude oil
Light crude oil is liquid petroleum that has a low density and flows freely at room temperature.
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List of crude oil products
In the international petroleum industry, crude oil products are traded on various oil bourses based on established chemical profiles, delivery locations, and financial terms.
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Mnemonic
A mnemonic (the first "m" is silent) device, or memory device, is any learning technique that aids information retention or retrieval (remembering) in the human memory.
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New York Mercantile Exchange
The New York Mercantile Exchange (NYMEX) is a commodity futures exchange owned and operated by CME Group of Chicago.
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Niobrara Formation
The Niobrara Formation, also called the Niobrara Chalk, is a geologic formation in North America that was deposited between 87 and 82 million years ago during the Coniacian, Santonian, and Campanian stages of the Late Cretaceous.
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North Sea
The North Sea (Mare Germanicum) is a marginal sea of the Atlantic Ocean located between Great Britain, Scandinavia, Germany, the Netherlands, Belgium, and France.
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North Sea oil
North Sea oil is a mixture of hydrocarbons, comprising liquid petroleum and natural gas, produced from petroleum reservoirs beneath the North Sea.
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Oil refinery
Oil refinery or petroleum refinery is an industrial process plant where crude oil is transformed and refined into more useful products such as petroleum naphtha, gasoline, diesel fuel, asphalt base, heating oil, kerosene, liquefied petroleum gas, jet fuel and fuel oils.
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Oil sands
Oil sands, also known as tar sands or crude bitumen, or more technically bituminous sands, are a type of unconventional petroleum deposit.
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OPEC Reference Basket
The OPEC Reference Basket (ORB), also referred to as the OPEC Basket, is a weighted average of prices for petroleum blends produced by OPEC members.
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Open outcry
Open outcry is the name of a method of communication between professionals on a stock exchange or futures exchange typically on a trading floor.
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Oseberg oil field
Oseberg (Osebergfeltet) is an offshore oil field with a gas cap in the North Sea located northwest of the city of Bergen on the southwestern coast of Norway.
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Petrocurrency
Petrocurrency, is a neologism used with three distinct meanings, often confused.
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Petroleum
Petroleum is a naturally occurring, yellow-to-black liquid found in geological formations beneath the Earth's surface.
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Royal Dutch Shell
Royal Dutch Shell plc, commonly known as Shell, is a British–Dutch multinational oil and gas company headquartered in the Netherlands and incorporated in the United Kingdom.
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Specific gravity
Specific gravity is the ratio of the density of a substance to the density of a reference substance; equivalently, it is the ratio of the mass of a substance to the mass of a reference substance for the same given volume.
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Sulfur
Sulfur or sulphur is a chemical element with symbol S and atomic number 16.
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Sweet crude oil
Sweet crude oil is a type of petroleum.
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Tight oil
Tight oil (also known as shale oil, shale-hosted oil or light tight oil, abbreviated LTO) is light crude oil contained in petroleum-bearing formations of low permeability, often shale or tight sandstone.
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United States Department of Energy
The United States Department of Energy (DOE) is a cabinet-level department of the United States Government concerned with the United States' policies regarding energy and safety in handling nuclear material.
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United States dollar
The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.
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Urals oil
Urals oil is a reference oil brand used as a basis for pricing of the Russian export oil mixture.
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Weighted arithmetic mean
The weighted arithmetic mean is similar to an ordinary arithmetic mean (the most common type of average), except that instead of each of the data points contributing equally to the final average, some data points contribute more than others.
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West Texas Intermediate
West Texas Intermediate (WTI), also known as Texas light sweet, is a grade of crude oil used as a benchmark in oil pricing.
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Brent Blend, Brent Curde, Brent Index, Brent crude, Brent oil, Brent petroleum, Crude Oil Brent, London Brent.
References
[1] https://en.wikipedia.org/wiki/Brent_Crude
