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Oil - Wikipedia Oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils) Oils are usually flammable and surface active Most oils are unsaturated lipids that are liquid at room temperature The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in
Crude Oil News - Page 1 | OilPrice. com Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector | Page 1
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Today in Energy Daily Prices - U. S. Energy Information . . . A crack spread measures the difference between the purchase price of crude oil and the selling price of finished products, such as gasoline and distillate fuel, that a refinery produces from the crude oil Crack spreads are an indicator of the short-term profit margin of oil refineries because they compare the cost of the crude oil inputs to the wholesale, or spot, prices of the outputs