Source: U.S. Energy Information Administration, based on Energy Intelligence Group—International Crude Oil Market Handbook. Notes: Points on the graph are labeled by country and benchmark name and are color coded to correspond with regions in the map below. The graph does not indicate price or volume output values. United States-Mars is an offshore drilling site in the Gulf of Mexico. WTI = West Texas Intermediate; LLS = Louisiana Light Sweet; FSU = Former Soviet Union; UAE = United Arab Crude oil grades, types, and names. Crude oil testing and assay services provided by Intertek support customers from the well-head to the refinery across the world. Each crude oil reservoir and stream has unique properties and characteristics. Very light oil is mainly used in the following crude oil products: gasoline, jet fuel, petroleum spirit, kerosene, petroleum ether and petroleum naphtha. Light oil; This type is moderately toxic and volatile. It is mainly used for the following crude oil products: fuel oils (grade 1 and grade 2), diesel fuel oil and domestic fuel oils. Worldwide Crude Grades by Country Product name API (Specific Gravity) Sulphur Content (as % of Mass) Operating Company Location of Field Port of Sale Fateh 30.4° 2.13% Dubai Fateh Napo 19° 2% Ecuador Esmeraldas Oriente 24.1° 1.51% Ecuador Belayim Blend 27.5° 2.40% Egypt Wadi Feiran Suez Blend 30.8° 1.49% Egypt Ras Shukheir In its natural, unrefined state, crude oil ranges in density and consistency, from very thin, light weight and volatile fluidity to an extremely thick, semi-solid heavy weight oil. There is also a tremendous gradation in the color that the oil extracted from the ground exhibits,
Brent Crude - THE WORLD’S MOST LIQUID CRUDE FUTURES CONTRACT. Crude oil is one of the most widely used and actively traded commodities in the world. The ICE Brent crude future is based on a basket of waterborne North Sea crude grades known as Brent-Forties-Oseberg-Ekofisk (BFOE). NOTE: The information regarding Crude oil - exports on this page is re-published from the CIA World Factbook 2020. No claims are made regarding the accuracy of Crude oil - exports information contained here. All suggestions for corrections of any errors about Crude oil - exports should be addressed to the CIA.
Brent Crude - THE WORLD’S MOST LIQUID CRUDE FUTURES CONTRACT. Crude oil is one of the most widely used and actively traded commodities in the world. The ICE Brent crude future is based on a basket of waterborne North Sea crude grades known as Brent-Forties-Oseberg-Ekofisk (BFOE). NOTE: The information regarding Crude oil - exports on this page is re-published from the CIA World Factbook 2020. No claims are made regarding the accuracy of Crude oil - exports information contained here. All suggestions for corrections of any errors about Crude oil - exports should be addressed to the CIA. NOTE: The information regarding Crude oil - proved reserves on this page is re-published from the CIA World Factbook 2019. No claims are made regarding the accuracy of Crude oil - proved reserves information contained here. All suggestions for corrections of any errors about Crude oil - proved reserves should be addressed to the CIA. The United States of America is the top country by production of crude oil in the world. As of December 2019, production of crude oil in the United States of America was 12,861.29 thousand barrels per day. The top 5 countries also includes Russian Federation, Saudi Arabia, Iraq, and Canada. Includes crude oil, shale oil, oil sands and NGLs ( the liquid content of natural gas where this is
According to current estimates, 79.4% of the world's proven oil reserves are located in OPEC Member Countries, with the bulk of OPEC oil reserves in the Middle Aug 9, 2019 Crude oil is produced across the country from coast to coast to coast. In 2018, Alberta had the highest amount of crude oil production in Canada The top 20 countries in the world in terms of proved oil reserves are shown in Table 5.1. Table 5.1. Crude Oil Proved Reserves (Billion Barrels). 1, Saudi Arabia Statoil ranks as the world's third largest net seller of crude oil with more than two The crude oils that Equinor sells are mostly high-quality grades of medium to Country. API. Excel sheet. 01.08.2013, Agbami, Extra light, low sulphur crude oil Jan 9, 2020 Each crude stream possesses its own unique characteristics, and when refined The Saudi grades most affected by attacks on the country's oil Sep 9, 2019 China's appetite for Brazilian grades is expected to last, which increases The country's crude oil production faced pressure earlier this year, The different types of crude oil need to be classified for further treatment. Both a crude oil's viscosity and its API (American Petroleum Institute) degree are important
The United States of America is the top country by production of crude oil in the world. As of December 2019, production of crude oil in the United States of America was 12,861.29 thousand barrels per day. The top 5 countries also includes Russian Federation, Saudi Arabia, Iraq, and Canada. Includes crude oil, shale oil, oil sands and NGLs ( the liquid content of natural gas where this is Crude oil is classified into various grades according to density (heavy vs light) and sulphur content (sour vs sweet). The lighter and sweeter the crude, the higher the price it can be sold, because refiners can produce higher yield of high quality refined products from it. Density is measured by API gravity, Saudi Arabia is the top country by exports of crude oil in the world. As of June 2019, exports of crude oil in Saudi Arabia was 6,721 thousand barrels per day. The top 5 countries also includes Iraq, the United States of America, Canada, and Nigeria.