Crude Oil - News, Trends, Crude Oil Links
Oil crude density measurement
Oil crude density is measured in API (America Petroleum Institute). Higher the API, lower the density. Avg crude: 25 deg API'; Light, more valuable crude: 40 deg API; Heavy oil: 10-15 deg API; oils below 10 deg API are heavier than water
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Topics : Oil and Gas Oil
Identification of crude
Oil companies identify crude by gravity, wax content and sulfur content
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Topics : Oil Oil and Gas
Diff refineries process difference types of...
crude. heavy, solid, sweet or light crudes
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Topics : Oil Oil and Gas
Crude expected to trade around 100 $ per bbl in 2010
“No one is expecting crude to remain at this level,” said Homi R Khusrokhan, managing director, Tata Chemicals. “We have made the investment keeping 2-3 years in mind, when we expect crude oil to trade at $100 a barrel,” said the CEO of Tata Chemicals - Nov 2008 - Read More
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Topics : Chemicals
Crude Price Forecast From 112 TO 63
Just last month (Oct), the EIA figured oil prices would average $112 next year. Now (Nov 2008), the price target is $63.50 per barrel...statistics! - Read More
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Topics : Oil and Gas Oil