Definition of Disposition, petroleum

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TeachMeFinance.com - explain Disposition, petroleum



Disposition, petroleum

The term 'Disposition, petroleum' as it applies to the area of energy can be defined as ' A set of categories used to account for how crude oil and petroleum products are transferred, distributed, or removed from the supply stream. The categories include stock change, crude oil losses, refinery inputs, exports, and products supplied for domestic consumption'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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