Glossary

• Africa [Region]
• API Gravity
• Asia [Region]
• Backwardation
• Barrel
• Biofuel
• BTU [British Thermal Unit]
• Capacity Utilization
• Christmas Tree
• Closing Stocks
• Completion (Oil and Gas Wells)
• Condensate
• Contango
• Crude Oil
• Crude Oil Production
• Demand [for oil]
• Directional Drilling
• Drillship
• Economic Depression
• Economic Recession
• Effective Exchange Rate
• Energy Intensity
• Europe [Region]
• Extended Reach Drilling
• Fixed Platform
• FOB (Shipping)
• Forward Price
• FPSO (Floating Production, Storage and Offloading Vessel)
• Gas/Diesel Oil
• Gasoline
• Gross Domestic Product (GDP)
• Heavy Fuel Oil
• Imports and Exports
• Jack-Up Platform
• Kerosene
• Latin America Region
• Light Crude
• Liquefied Petroleum Gas (LPG)
• Liquid Fuels
• Middle East Region
• MPS1
• Natural Gas
• Natural Gas Field
• North America Region
• North Sea Oil
• Oil Field
• Oil Platform
• Oil Refinery
• Oil-Storage Trade
• OPEC Spare Capacity
• Open Interests
• Organization of Petroleum Exporting Countries (OPEC)
• Petroleum Coke
• Petroleum Play
• Primary Stocks
• Refinery Capacity
• Refinery Intake
• Refinery Output
• Refinery Utilization
• Secondary Stocks
• Semi-Submersible Platform
• Sour Crude
• Spot Price
• Stock changes
• Stocks
• Subsea
• Sweet Crude
• Tertiary Stocks
• Total Oil
• Wellhead Production

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