Crude Oil 1 Year Forecast: $171.21

Yes that is the 1 year forecast according to oil-price.net. So expect more price increases of your fuel. On how they get it, please visit their site by clicking the crude oil price at the left of the blog.

What are lubricants? lubricant additives?

The lubricants we are talking here is about the automotive and industrial lubricants, and not the lubricants for personal use. Lubricants are a substance that is used between two moving solid or metal surfaces to decrease friction and wear between them. Friction produces heat, and lubricants reduces heat by carrying it away from the moving parts therby cooling it. Lubricants can be used in any machinery that has moving parts. The automobile industries is the major user of lubricants. Other industries include aircraft, marine, and metalworking.

There are three physical state of lubricants - liquid, semi-liquid and solid. Motor oils, turbine oils, compressor oils, turbine engine oils, brake oils, hydraulic oils, etc are examples of liquid lubricants. Greases are semi-liquid industrial lubricants and comes with different grades from semi-fluid to hard grease. Graphite, lead, and molybdenum disulfide are solid lubricant. Lubricants can be an oil (liquid) or a grease or a solid lubricant, while an oil is a liquid lubricant.

Lubricant additives are used in lubricants to perform better and task to perform specific purposes. Additives are performance enhancers. They help reduce friction, wear, remove heat, improve viscosity, reduce rust and corrosion, prevent oxidation, improves extreme pressure properties and many more. These additives are called metal deactivators, anti-oxidants, demulsifying compounds, emulsifying compounds, anti-wear, extreme pressure additives, rust & corrosion inhibitors, anti-foaming etc.

Lubricant can be petroleum (crude) oil based or synthetics. Synthetics are artificially designed from chemical compound to provide superior mechanical and chemical properties than those found in traditional petroleum oils. Silicone is one popular example of synthetic oil.

Oil Additives Video

I found this video in youtube that pretty much explain oil additives.