Industry Glossary - Poten & Partners

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Industry Glossary


Absolute Viscosity Activity Actual specifications AFRA Air Draft Aliphatic Alkylate Alkylation unit Aniline point Antiknock index API Degrees (`API) API Gravity Aromatics Ash Asphalt Asphalt cement Asphaltenes Assay ASTM Atmos Atmospheric distillation Atmospheric gasoil Atmospheric residue Availability Avgas Aviation gasoline Aviation turbine fuel (ATF) Backhaul Ballast Barge lots Base stock Beam Benzene Bitumen Blender Blendstock Boiling range Bond Bottoms Bromine number BTX BTX extraction Bunkers Burning kerosene Butadiene Buy/sell Carbon residue Cat gasoline Cat naphtha Catalytic cracker Catfeed Centigrade degrees (C) Centistoke Cetan rating Cetane index (CI) Cetane number Chains Charge Charter party Charterer Chemical Carrier Chlorides Clean Cloud point COA Coiled Coke Coker Cold blender Cold filter plugging point Colonial grade Colonial pipeline Color Combination carriers Compatibility Component Condensate Conradson carbon (ConCarbon) Contract deal Conversion Co-products COW Cracked Cracked component Cracked cutters Cracked fuel Cracked Gas Cracked naphtha Cracked Stock Cracker CST Cut Cutter (cutter stock) Cycle oil Deadweight tonnage (DWT) Delayed coker Demurrage Density Distillation curve Distillation unit Distiller Distributors Doctor test Downstream DPK Draft Elastomer Engler Equity holders Ethylene Ethylene plant Fahrenheit degrees (F) FBP Feedstock Final boiling point Finished gasoline Finishing component Firm indication Fix Fixed price Flash point Flasher Flexibility Floating price Fluid coker Flux Fluxant Fractionating tower Fractionation Fractions Freezing point Fuel blending Full-Range Naphtha Fungible Furnace oil Gas plant Gasoil Gasoline extender Grade trade Gravity GSP Guarantees Handy-sized vessel Heart cut Heavy condensates Heavy fuel oil Heavy liquids cracker Heavy naphtha Heavy oil cracker High pour High-Flash High-speed diesel Hydrocarbon Hydrocrackate Hydrocracker Hydrodealkylation (HDA) Hydroskimmer Hydrotreating IBP IGS Illuminating kerosene Independent surveyors Indication Initial boiling point In-line blending Integrated oil companies Intermediate Intermediate crude Isomer Isomerate Isomerzation Isoparaffins Jet Jet A-1 JET KERO JP-4 JP-5 Kerosene Kinematic viscosity Knocking Laycan Laydays Laytime Lead Lead response	Lift Lifter Lifting subjects Light ends Light naphtha Light products Lightering LOA Loaded specs Location swap Long residue Low pour Low-speed diesel LPG LPG carriers LR-1 LR-2 Lumpsum Market related Medium-speed diesel Mercaptans Metals content Middle distillates Mid-point Mogas MON (Motor Octane Number) Monomer Motor alkylate Motor gasoline MR Naphtha Naphthenes Naphthenic Naphthenic naphtha Natural gasoline Netback New Worldscale NGL No oil No. 2 oil No. 5 oil No. 6 oil No-heart crude NOR Northern grade OBO Octane Olefin Open spec Operational tolerance OSP Outturn Overhead stream Oxidation stability Oxygenate Panamax tankers Paper barrels Paraffinic Paraffins Parcel tanker Parraffinic naphtha Period business PGO Pipestill Poise Polymer PONA Posted price Pour point PPB PPM Precursor Pressuring agent PROBO PROCESS GASOIL Producers Propylene PSI Pygas Pyrolysis Pyrolysis gasoil Pyrolysis gasoline R+M/2 Rack blending Rack price Raffinate Ramsbottom carbon Rateably Realization Reduced crude Redwood viscosity Refinery intermediate Reformate Reformer Reforming Naphtha Relet Resid Residue RON (Research Octane Number) RVP S.G Saturates Screen Secondary processing Segregated ballast tanks (SBT) Segregation Severity SFS Ship's figures Shore tank figures Simple refinery Smoke point Sour Sour crude Southern grade Sp. Gr. Specific gravity Spike Spot Charter Spot Deal SSF SSU Stability Stabilized Crude Stable Standard Export Quality Steam Cracker Stem Stem dates Still Stoke Straight-Run Stream Subjects Sulfur Survey SUS Sweet Sweet Crude Sweetening Tail Tanker Term Deal Thermal Cracker Thermal Stability Third-Party Processing Time Swap Time-Charter Toll Processing Toluene Topping Plant Topping Yields Trim Typicals ULCC Unit Unsaturated Gases Unsaturates Upstream V/L Ratio Vacuum Bottoms Vacuum Distillation Vacuum Flasher Vacuum Gasoil Vacuum Unit Vapor Pressure VGO Virgin Visbreaker Visbroken Naphtha Viscosity Viscosity Breaker VLCC Volatility Water Reaction Water Separation Wax Content Waxy Wet Barrel Whole Naphtha Worldscale WSIM Xylenes Yield Yield slate



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