Skip to main content

Posts

Showing posts from June, 2021

JET FUEL/ ATF (JET A-1/ TS-1)

JET FUEL/ ATF (JET A-1/ TS-1) Jet Fuel Price / Aviation Turbine Fuel Price US$2.169/Gallon  U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price FOB, US$ 2.169 per Gallon As of: Monday, May 01, 2023 Considering 1 barrel equals 42 gallons, you can calculate price per barrel and approximately 7.893 barrels to a Metric Ton   Methodology for Platts Jet Fuel Price Index Platts Jet Fuel Price Index is calculated by  S&P Global Platts  using that organization's proprietary daily assessments for Jet Fuel spot prices in the relevant regional centers. When a market is not assessed on a particular day, for instance because of a market holiday, the previous working day's spot assessment is used. Each of the individual Platts assessments is given a weighting by Platts in the regional baskets, based primarily on uplift data and trading volume; in a similar way, each of the regional indices is given a weighting in the Global Composite Index (specified in the column "Share in Compo...

EN-590 DIESEL (ULTRA LOW SULPHER DIESEL)

EN-590 DIESEL  (ULTRA LOW SULPHER DIESEL) EN590 EN590 describes the physical properties that all automotive diesel fuel must meet if it is to be sold in the European Union, Croatia, Iceland, Norway and Switzerland. The EN 590 had been introduced along with the European emission standards. With each of its revisions the EN 590 had been adapted to lower the sulphur content of diesel fuel - since 2007 this is called ultra low sulphur diesel as the former function of sulphur as a lubricant is absent (and needs to be replaced by additives). The quality of European diesel fuels is specified by the EN 590 standard. While these specifications not are mandatory, they are observed by all fuel suppliers in Europe. Automobile diesel en 590 is intended for application in diesel engines. Diesel motor fuel quality meets the requirements of European Standard EN 590. For operation in the conditions of a temperate climate following marks of fuel diesel automob...

CRUDE OIL

CRUDE OIL The Different Types of Oil West Texas Intermediate (WTI) This type of oil contains low amounts of sulfur and density. Its sulfur content is only 0.24% and its gravity is 39.6 degrees. The West Texas Intermediate is considered to be both sweet and light crude oil. The refining of this oil is usually done in Gulf regions as well as the United States because it is conveniently situated to oil reserves. Brent Blend The term Brent Blend is obtained from the geographical location where this type of oil is extracted from. Brent Blend is termed as sweet oil having 0.37% sulfur and 38.06 degrees in gravity. Brent Blend oil is typically used for making petroleum and gasoline for vehicles. Dubai Crude As the name puts it, the Dubai Crude oil comes from Dubai – a massive oil producing country in the world. The Dubai crude has a light density, having 31 degrees gravity and a sulfur content of only 2%. Russian Export Blend (REBCO) This type of oil has been the standard for Russian crude oi...