Petroleum Downstream Crash Course 3 - Crude's Hydrocarbon Distribution

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What is WTI crude?
WTI is west texas intermediate crude from the US.

When you hear oil is reaching $60 a barrel what crudes oils are you usually referring to?
It usually refers to WTI or Brent. These are your standard benchmarks.

Exxonmobil Crude Oil Assay
http://corporate.exxonmobil.com/en/company/worldwide-operations/crude-oils/assays

Check Oil Prices
https://oilprice.com/oil-price-charts

References/Bibliography
[1] EIA, Petroleum Products Made from a Barrel of Crude Oil 2016, 2016.
[2] ExxonMobil, Annual Report, ExxonMobil, 2016.
[3] R.D. Shell, Annual Report, Royal Dutch Shell plc, 2016.
[4] J.H. Gary, G.E. Handwerk, M.J. Kaiser, Petroleum refining: technology and economics, CRC press2007.
[5] Magellan, Pipeline Product Specifications, 2017.
[6] L. Gibbs, Motor Gasoline Technical Review, Chevron, 2009.
[7] J. Bacha, Diesel Fuel Technical Review, Chevron, 2007.
[8] S.B. Bakshi, F.H. Henderson, PERMISSIBLE EXPOSURE LEVELS FOR SELECTED MILITARY FUEL VAPORS, Inhalation Toxicology, 10 (1998) 955-961.
[9] M.B. Vermeire, Everything You Need to Know about Marine Fuels, Chevron Global Marine Products, Belgium, 2012.
[10] Chevron, Ethylene High Purity Pipeline Specifications, Chevron Phillips, 2010.
[11] T. MAHMOOD, OIL TRANSPORT, STUDENT ENERGY, 2017.
[12] D. Kodjak, POLICIES TO REDUCE FUEL CONSUMPTION, AIR POLLUTION, AND CARBON EMISSIONS FROM VEHICLES IN G20 NATIONS, 2015.
[13] IMO, IMO sets 2020 date for ships to comply with low sulphur fuel oil requirement
International Maritime Organisation, 2016.
[14] R.G. Daniel Monzón, Alfredo Verna, Micaela Carlino, What is next for petroleum downstream?, Arthur D. Little, 2016.
[15] BP, Annual Report, BP, 2016.

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Apologies for the cut at the start. It's mostly introduction to say why we're interested to find out about the hydrocarbon composition in crude - especially from a money making perspective.




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