Skip to main content

Posts

Showing posts with the label CRUDE OIL

CRUDE OIL

CRUDE OIL The Different Types of Oil West Texas Intermediate (WTI) This type of oil contains low amounts of sulfur and density. Its sulfur content is only 0.24% and its gravity is 39.6 degrees. The West Texas Intermediate is considered to be both sweet and light crude oil. The refining of this oil is usually done in Gulf regions as well as the United States because it is conveniently situated to oil reserves. Brent Blend The term Brent Blend is obtained from the geographical location where this type of oil is extracted from. Brent Blend is termed as sweet oil having 0.37% sulfur and 38.06 degrees in gravity. Brent Blend oil is typically used for making petroleum and gasoline for vehicles. Dubai Crude As the name puts it, the Dubai Crude oil comes from Dubai – a massive oil producing country in the world. The Dubai crude has a light density, having 31 degrees gravity and a sulfur content of only 2%. Russian Export Blend (REBCO) This type of oil has been the standard for Russian crude oi...