Petroleum Products Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
MPC | A | Marathon Petroleum Corporation | -3.67 | |
TORO | F | Toro Corp. | -3.57 | |
STNG | B | Scorpio Tankers Inc. | -3.28 | |
PBF | A | PBF Energy Inc. | -3.11 | |
TNK | B | Teekay Tankers Ltd. | -3.09 | |
MMLP | A | Martin Midstream Partners L.P. - | -2.92 | |
ARCB | B | ArcBest Corporation | -2.69 | |
TRMD | B | TORM plc | -2.69 | |
PSX | B | Phillips 66 | -2.51 | |
DK | A | Delek US Holdings, Inc. | -2.16 |
Related Industries: Asset Management Chemicals Farm Products Integrated Shipping & Logistics Marine Shipping Oil & Gas E&P Oil & Gas Equipment & Services Oil & Gas Integrated Oil & Gas Midstream Oil & Gas Refining & Marketing Other Railroads Shipping & Ports Specialty Chemicals Specialty Retail Trucking
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
CRAK | B | Market Vectors Oil Refiners ETF | 20.99 | |
NRGD | F | MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN | 20.0 | |
NRGU | A | MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 20.0 | |
IEO | A | iShares U.S. Oil & Gas Exploration & Production ETF | 18.76 | |
PXE | A | PowerShares Dynamic Energy E&P | 15.96 |
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- Petroleum Products
Petroleum products are materials derived from crude oil (petroleum) as it is processed in oil refineries. Unlike petrochemicals, which are a collection of well-defined usually pure chemical compounds, petroleum products are complex mixtures. The majority of petroleum is converted to petroleum products, which includes several classes of fuels. According to the composition of the crude oil and depending on the demands of the market, refineries can produce different shares of petroleum products. The largest share of oil products is used as "energy carriers", i.e. various grades of fuel oil and gasoline. These fuels include or can be blended to give gasoline, jet fuel, diesel fuel, heating oil, and heavier fuel oils. Heavier fractions can also be used to produce asphalt, tar, paraffin wax, lubricating and other heavy oils. Refineries also produce other chemicals, some of which are used in chemical processes to produce plastics and other useful materials.
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