BusinessAugust 30, 2026
diluent
DIL-yoo-uhnt
Definition
A thinning agent or solvent added to a substance to reduce its viscosity, often used to make heavy, thick crude oil easier to transport through pipelines.
Etymology
Derived from the Latin 'diluere,' meaning 'to wash away or dissolve,' which evolved into the modern chemical term for a substance that thins another.
In the news
The article mentions that Venezuela needs reliable supplies of diluents to successfully revive its oil production, as the country's extra-heavy crude is difficult to extract and process without them.
Venezuela Says U.S. Energy Deal Will Last 25 Years, Targeting Major Oil Production Increase
Read the full article ↗Eurasia Business News