Used Engine Oil

الوصف

Oil is a key strategic commodity/Energy Product and critical enabler to the modern industrial growth and economy. The major petroleum products most people are familiar which include LPG, Petrol, Aviation Fuels, Kerosene, Diesel, Lubricating Oils and Bitumen. However, refined oil also serves as a petrochemical feedstock for the production of industrial plastics, plastic household products, synthetic rubber, packaging, fabrics, dyes, adhesives and paint.

Together with natural gas it is also a feedstock for the manufacture of fertilizers, and thus underpins world food production. Many of the items used in our daily lives are made from petroleum feedstock’s. It is clear that the impact of oil prices will be significant to businesses and consumers the like.

Oil and natural gas touch our lives in countless ways every day. Together, they supply more than *0 percent of our Global Energy. They fuel our cars, heat our homes and cook our food.

But it is essential for us to know that oil and natural gas also help us to generate the electricity that powers our daily lives. Also to add that crude oil supplies the building blocks for everything from dent-resistant car fenders to soft drink bottles to camping equipment.