Raw material, also known as a feedstock, unprocessed material, or primary commodity, is a basic material that is used to produce goods, finished products, energy, or intermediate materials which are feedstock for future finished product
Petroleum products are materials derived from crude oil (petroleum) as it is processed in oil refineries. Unlike petrochemicals, which are a collection of well-defined usually pure chemical compounds, petroleum products are complex mixtures
Bitumen is a viscous material consisting of a wide range of high molecular weight hydrocarbons represented by asphaltenes, resins, and oils (aliphatic hydrocarbons)
Approximately 95 percent of the current lubricant market share is comprised of conventional (mineral-based) oils.
these mineral oils are derived from a crude stock,
The aromatic series is an unsaturated closed-ring series. Its most common member, benzene (C6H6), is present in all crude oils, the aromatics as a series generally constitute only a small percentage of most crudes.
Royal Global Energy.
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