- Industry: Energy
- Number of terms: 2953
- Number of blossaries: 0
- Company Profile:
Platts is a global provider of news, research, commentary, market data and analysis, and daily price assessments on the oil, natural gas, electricity, nuclear power, coal, petrochemical, and metals markets. The company sells subscriptions to its content, which is offered through websites, ...
An interest in an oil or gas lease that is granted by the lease holder to a third party.
Industry:Energy
The price of petroleum products at a refinery loading rack. Rack-pricing is effectively cash and carry at the rack.
Industry:Energy
The time component in a premium for an option art. Typically the time value of an option declines as it moves closer to expiry.
Industry:Energy
A process whereby valuable metals (usually gold and silver) are leached from a heap (or pad) of crushed ore by leaching solutions percolating down through the heap and are collected from a sloping, impermeable liner below the pad.
Industry:Energy
The most commonly traded North Sea crude oil. Brent has an API of about 37. 5. The blend is technically a mix of crude from the Shell UK-operated Brent field and the BP-operated Ninian field. The blend is, however, commonly referred to simply as Brent.
Industry:Energy
Typically, the process of separating mixed xylenes into orthoxylene and paraxylene.
Industry:Energy
The settlement of futures or options by paying a cash difference, rather than taking/making physical delivery.
Industry:Energy