Stabilization of hydrocarbon fluids using metal deactivators

The invention is a composition for use in deactivating iron species in hydrocarbon fluids, comprising the products resulting from the reaction of (I), with (II) and (III) is disclosed; wherein (I) is a substituted catechol of the structure , or arylalkyl from about 1 to 20 carbon atoms; wherein (II) is a mixture of polyamines having the repeat structure (II) wherein m ranges from 1 to 10 and where X is an alkyl, branched alkyl, cyclic or branched cyclic alkyl of from 1 to 10 carbon atoms, and where Y is a substituted alkylphenol of structure where R'' is chosen from alkyl, aryl, alkaryl, arylalkyl of from about 1 to 22 carbon atoms; wherein (III) is an aldehyde of structure (III) where R' is chosen from hydrogen, and an alkyl of from 1 to 6 carbon atoms. Also disclosed is the function of the said same composition, resulting from the reaction of (I) with (II) and (III), as an antioxidant in hydrocarbon fluids. The antioxidant function is separate from, and in addition to the metal deactivating properties of the invention. These functional properties of the invention can act either singly, or in concert, for the stabilization of hydrocarbon fluids. Further a method of deactivating iron species in hydrocarbon fluids using the described compound is disclosed.