Australian (ASX) Stock Market Forum

Reply to thread

Just a question to add another dimension to this discussion,


Does anyone know a site that provides a guide to what crude oil is actually used for (ie a breakdown with percentages)? The only reason I ask is that all discussions seem to look at oil usage for fuel, without taking into account the use by the petrochemical industries for plastics, rubber, etc.


Is it a significant percentage, and if so do they require higher or lower grades of oil than is usually refined for fuel usage?


Cheers in advance


Top