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Petroleum products

Saturday, March 14, 2015

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. The majority of petroleum is converted to petroleum products, which includes several classes of fuels.

Examples of products we use (or encounter) that contain petroleum are: Bunker Fuel, Detergent, Plastics, .Jet Fuel,  Diesel Fuel Heating Oil, Synthetic Rubber, Synthetic Fibers, Fertilizers & Pesticides, Paint, Gasoline, Photographic Film, Food Additives, Make-up, Medicine, Candles.


Other uses of Petro products:



One of the most important uses of petroleum is in the production of ammonia to be used as the nitrogen source in agricultural fertilizers.



Plastic is a staple of modern life. From computer monitors to nylon to Styrofoam, plastics are integral aspects of many manufactured products. Polystyrene, from which Styrofoam is made, and polyvinyl chloride (PVC) were both products of post-World War II industrialization.



Mineral oil and petrolatum are petroleum byproducts used in many creams and topical pharmaceuticals. Tar, for psoriasis and dandruff, is also produced from petroleum. Most pharmaceuticals are complex organic molecules, which have their basis in smaller, simpler organic molecules. Most of these precursors are petroleum byproducts.


Dyes, Detergents, and Other

Petroleum distillates such as benzene, toluene, xylene, and others provide the raw material for products that include dyes, synthetic detergents, and fabrics. Benzene and toluene are the starting materials used to make polyurethanes, which are used in surfactants, oils, and even to varnish wood. Even sulfuric acid has its origins in the sulfur that is removed from petroleum.


The oil and gas sector is one of the six core industries in India. It is of strategic importance and plays a pivotal role in influencing decisions across other important spheres of the economy.

India is the fourth-largest energy consumer (2013) of oil & gas in the world, accounting for 37 per cent of total energy consumption. Oil consumption is estimated to reach four million barrels per day (MBPD) by FY16, expanding at a compound annual growth rate (CAGR) of 3.2 per cent during FY08-16. By 2025, India is expected to overtake Japan to become the third-largest consumer of oil.



Market Growth Rates


1990-91-1996-97                    6.2%

1996-97-2001-02                    4.5%

2001-02-2006-07                    5.7%

2006-07-2011-12                    5.8%

2011-12-2019-20                    5.7%


Sensitivity Coefficient4.3%

Source: NPCS Team

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