• Title/Summary/Keyword: OIL

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Oil Prices and Terms of Trade of Saudi Arabia: An Empirical Analysis

  • HAQUE, Mohammad Imdadul;IMRAN, Mohammad
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.201-208
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    • 2020
  • Terms of trade is an important indicator of the welfare gains from international trade to the exporting country. Terms of trade of oil-exporting countries are hypothesized to depend primarily on oil prices. The study assesses the relation between oil prices and the terms of trade of Saudi Arabia. The study uses the Autoregressive Distributed Lag method to determine the cointegration between the country's terms of trade and oil prices for the period 2000-2018. The data for net barter terms of trade is taken from World Development Indicators and oil price is taken from Saudi Arabian Monetary Agency. The results show that oil prices and terms of trade are cointegrated and any disequilibrium between the two variables is corrected by 35% in a year. The study also reports a positive relationship between the two items, both in the short run and long run. Diagnostic tests indicate the model to be fit. The results suggest that, for a primarily oil-producing country like Saudi Arabia, the terms of trade depend on oil prices. The study fills the gap in the literature on the study of terms of trade for Saudi Arabia for the last few years, where there has been a high volatility in oil prices.

Effects of Unsaturated Fatty Acid Diets Feeding PEriods on the Antithrombosis the Hematological Changes in the Blood and Fatty Acid Compositions of Platelets in Rats (불포화 지방산의 종류와 사육기간이 흰쥐의 항혈전 작용, 혈액구성 및 혈소판의 지방산 조성 변화에 미치는 영향)

  • 김정선
    • Journal of Nutrition and Health
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    • v.25 no.5
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    • pp.339-350
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    • 1992
  • This study was performed to investigate the effect on polyunsaturate fatty acid diets and feeding periods on the antithrombosis. the hematological changes in the blood and fatty acid compositions of platelets in rats. Each group of rats was fed a diet containing 20%(W/W) corn oil beef tallow sardine oil and the general stock diet for 10, 20. 40 and 80 days. Rats fed sardine oil diet showed significantly longer bleeding time than any other diet groups after 20 days feeding The whole blood clotting time of sardine oil group fed for 80 days was increased significantly. The number of platelet and the concentration of hemoglobin showed no significant difference among all groups. The number of white blood cell was decreased continously in sardine oil group after 10 days feeding. The level of malondialdehyde generation during thrombin-induced aggregation of platelets was decreased continously in sardine oil grou after 20 days feeding. With regard to the composition of platelet fatty acid the ratio of eicosapentaenoic acid(EPA 20: 5 $\omega$-3) to arachidonic acid(AA 20:4 $\omega$-6) was increased in sardine oil group but decreased in corn oil groups and beef tallow groups with days. In conclusion the rats fed sardine oil diet for more than 20 days showed the fact that EPA induced the antithrombosis. the changes in number of white blood cell and the fatty acid composition of platelets.

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Effect of Ultrasonic Energy in the Engine using Diesel Fuel Blended Rape-seed Oil (유채혼합유를 사용하는 기관에서 초음파에너지의 영향)

  • Kwon, K.R.;Ko, K.N.
    • Journal of Power System Engineering
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    • v.9 no.4
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    • pp.5-10
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    • 2005
  • The effect of ultrasonic energy for diesel fuel and blend oil has been revealed in this paper. The experimental setup consisted of a high speed diesel engine with 4 cylinder, dynamometer and ultrasonic fuel feeding system. Ultrasonic energy was added to diesel fuel and blend oil, which is a blend of diesel fuel and rape-seed oil. As engine speed was changed, engine torque and power, brake specific fuel consumption and thermal efficiency were measured in detail. As the results, by adding ultrasonic energy to diesel fuel and blend oil, the engine performance was improved in range of the experiment. The effect of improvement on brake specific fuel consumption and thermal efficiency for blend oil is higher than that for diesel fuel. When ultrasonic energy was added to diesel fuel or blend oil, a rise in engine torque for diesel fuel was higher than that for blend oil, but the effect of ultrasonic energy was small. From these results, it may be desirable to add ultrasonic energy to blend oil for the use of blend oil to diesel engine.

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Oil Film Thickness Measurement of Engine Bearing and Cam/tappet Contact in an Automotive Engine

  • Choi, Jae-Kwon;Min, Byung-Soon;Han, Dong-Chul
    • Tribology and Lubricants
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    • v.11 no.5
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    • pp.71-77
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    • 1995
  • The capacitance technique was used to measure the minimum oil film thickness in engine bearing and the central oil film thickness between cam and tappet. This method is based on the measurement of total capacitance of oil film. For the measurement of the oil film thickness between cam and tappet, two surfaces were assumed to be flat and parallel within the Hertzian region and all the measured capacitance originated from this region. Shear rates from the measured minimum oil film thickness are over 10$^{6}$ sec$^{-1}$ in the greater part in both two cases. The minimum oil film thickness in engine bearing is larger than the surface roughness. Between cam and tappet it is mostly smaller than the surface roughness. In spite of the awkward restriction of the reliability of measured oil film thickness, it was known that the capacitance technique makes it possible to measure the oil film thickness in elastohydrodynamic and mixed lubrication regimes as well as in hydrodynamic regime. Therefore, it is also possible to classify the lubrication regimes based on the oil film thickness.

Radical Scavenging Activity of Sea Buckthorn Oils from Different Parts of Sea Buckthorn Berry

  • Xu, Xiang;Gao, Yanxiang
    • Food Science and Biotechnology
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    • v.18 no.2
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    • pp.312-316
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    • 2009
  • Antioxidant-rich oils were extracted from different parts of sea buckthorn berry with supercritical $CO_2$ (SC-$CO_2$) and n-hexane. The functional components were analyzed and the extracts were screened for their potential as radical scavengers in 1,1-diphenyl-2-picrylhydrazyl radical (DPPH), 2,2'-azinobis-3-ethylbenzotiazoline-6-sulphonic acid (ABTS), galvinoxyl systems. Minor differences were found in fatty acid composition of oils extracted by the two methods. Seed oil contains the highest content of tocopherols while pulp oil and whole berry oil possessed higher concentration of carotenoids. Whole berry oil, pulp oil, and seed oil extracted by SC-$CO_2$ showed 91.7, 90.9, and 93.5% radical scavenging activity (RSA) at 6 mg/mL towards DPPH and 74.3, 54.3, and 74.8% towards galvanoxyl radical at 10 mg/mL. The hexane-extracted oils showed similar scavenging ability. However, the oils obtained by hexane showed significantly higher RSA (p<0.05) than those obtained by SC-$CO_2$ while whole berry oil has the highest RSA towards ABTS among 3 oil samples.

Prediction of density and viscosity for $CO_2$-oil mixture at low oil concentration (낮은 오일 농도에서 $CO_2$-Oil 혼합물의 밀도와 점성예측)

  • Yun, Rin
    • Proceedings of the SAREK Conference
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    • 2008.06a
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    • pp.136-141
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    • 2008
  • Due to environmental concerns $CO_2$ has been reintroduced as a potential candidate to replace HFCs in refrigeration systems since 1990s. In a refrigeration cycle, oil is utilized in lubricating a compressor. However, although oil separators are installed after a compressor oil is prone to leak to the whole system. The mixing of $CO_2$ and oil, even a small amount of oil, the heat transfer performance in heat exchanger deteriorated and the pressure drop inside tube increases. Therefore, it is needed to precisely estimate the mixture thermodynamic properties of $CO_2$-lubricant oil to correctly design a $CO_2$ refrigeration system. The commonly used method in estimating the mixture properties is the mole based weighting model. However, the accuracy of the method can not be assured. In the present study, $CO_2$-lubricant oil mixture properties including viscosity and density were estimated by using the mixture models, based on the equation of state (EOS).

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Fatty Acid Composition and Stability of Extracted Mackerel Muscle Oil and Oil-Polyethylene Glycol Particles Formed by Gas Saturated Solution Process

  • Haque, A.S.M. Tanbirul;Asaduzzaman, A.K.M.;Chun, Byung-Soo
    • Fisheries and Aquatic Sciences
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    • v.17 no.1
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    • pp.67-73
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    • 2014
  • The oil in mackerel muscle was extracted using an environment friendly solvent, supercritical carbon dioxide (SC-$CO_2$) at a semibatch flow extraction process and an n-hexane. The SC-$CO_2$ was maintained at a temperature of $45^{\circ}C$ under pressures ranging from 15 to 25 MPa. The flow rate of $CO_2$ (27 g/min) was constant during the entire 2 h extraction period. The fatty acid composition of the oil was analyzed using gas chromatography (GC). Significant concentrations of eicosapentaenoic acid (EPA) acid and docosahexaenoic acid (DHA) acid were present in the SC-$CO_2$ extracted oil. The oil extracted using SC-$CO_2$ exhibited increased stability compared with n-haxane extracted oil. Particles of mackerel oil together with the biodegradable polymer, polyethylene glycol (PEG) were formed using a gas saturated solution process (PGSS) with SC-$CO_2$ in a thermostatted stirred vessel. Different temperatures ($45-55^{\circ}C$), pressures (15-25 MPa) and a nozzle size $400{\mu}m$ were used for PGSS with a 1 h reaction time. The stability of mackerel oil in the particles did not changed significantly.

Influence of Refrigeration Oil on Evaporation Heat Transfer of R-134a in a Horizontal Micro-Fin Tube (냉동유가 수평 마이크로 핀관내 R-134a의 증발열전달에 미치는 영향)

  • 배상철;강태욱;김정훈;정찬영;김종수
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.8 no.1
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    • pp.140-150
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    • 1996
  • CFC-12, which has been used most widely in automobile air conditioners and household refrigerators is scheduled to be phased out soon because of its high ozone depletion potential. Now HFC-134a is suggested as an alternative refrigerant for CFC-12. In this Study, we intended to investigate how PAG oil influence evaporation heat transfer and flow pattern, using R-134a and PAG oil influences evaporation heat transfer and flow pattern, using R-134a and PAG oil in the horizontal miro-fin evaporation tube. Experiments were conducted under the flowing est conditions : mass velocity 86-250kg/$m^2$s, heat flux 5-30 ㎾/$m^2$, oil concentration 0-21 wt.% and saturation temperature 5$^{\circ}C$. Local evaporation heat transfer coefficients were found to be higher at the top, side and bottom of the tube in this order. Average heat transfer coefficients turned out to increase with oil concentration increment up to 3 wt.% oil concentration, whereas heat transfer coefficients gradually decreased over 3 wt.% oil concentration, because of oil-rich liquid film was formed on the heat transfer surface. Flow patterns were rapidly transitioned to annular regimes up to 3 wt.% oil concentration. In case of pure refrigerant, measured heat transfer coefficients in the experiments were similar to those of Kandlikar's correlation.

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An investigation on the in si.tu measurement of the oil-concentration

  • Kim, Chang-Nyeun;Park, Young-Moo
    • International Journal of Air-Conditioning and Refrigeration
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    • v.8 no.2
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    • pp.80-88
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    • 2000
  • In order to predict thermodynamic performance of refrigeration system, it is required to know the oil concentration of the refrigerant/oil mixture. The current method is to extract the working mixture and then to measure the oil weight. In this study, oil concentration is measured in si.tu way without any extraction of the working fluid. Based on the measurement, a working equation is presented as follows, C=a +b x t +c x $t^2$ +(d + e x t +f x $t^2$) x SG. C is oil concentration, t is temperature($^{\circ}C). SG Is specific gravity of mixture and a~f is coefficients The oil concentration ranges over 0~l2 wt% and the temperature ranges over 20~50$^{\circ}C. The specific gravity and temperature are measured using the on-line densimeter and thermometer. This working equation enables to predict the oil concentration without any extraction of the mixture. This equation can be applied for R-12/Naphthenic oil and R-134a/P0E oil liquid mixtures.

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Oil Spot Generative Formation of Oil Spot Denmoku (유적 천목의 유적 발생 구조)

  • Jung, Jong-Heuk;Lee, Byung-Ha
    • Journal of the Korean Ceramic Society
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    • v.43 no.10 s.293
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    • pp.619-625
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    • 2006
  • The study was intended to investigate production tools and conditions of oil spot following calculating optimal composition of oil spot tenmoku glaze which can be produced at 1250$\sim$l260$^{\circ}C$. Since oil spot is influenced by the viscosity of glaze, viscosity of various glazes fit for oil spot production was determined by an SciGlass 6.0-based calculating method. Applied amount and calcinating conditions of the resulting substance of oil spot, $Fe_2O_3$, were analyzed. As a result, the viscosity of the glaze durable at 1260$^{\circ}C$ was found to range from 4.2 to 4.4, natural cooling was used after oxidizing calcinations at 1260$^{\circ}C$ for an hour, and the best oil spot tenmoku was produced by the natural cooling process after 1 h calcinations at 1150$^{\circ}C$ in the middle of natural cooling. Also, the study showed that thickness of glaze was found to have an effect on the production of oil spot and resulting oil spot was filled mostly with $Fe_2O_3$.