What is a light raw oil?
Light raw oil is a type of natural hydrocarbon that is characterized as a low specific gravity, low viscosity and a high American oil institute (API). This liquid oil substance also has a relatively low density compared to other raw oils and contains a high percentage of compounds that can be improved into gasoline and heating oil. Light oil due to its composition tends to be more money than heavy raw. There are several standards that can be used to define what exactly represents light oil, and several standards are also used. West Texas Intermediate (WTI), Brent Crude and Dubai Crude are generally referred to as light gross, although they have somewhat different levels of API gravity. There are two main categories that can be used to distinguish raw oils: weight and sulfur content. The lack of sulfur in raw usually leads to the fact that it is referred to as "sweet" and raw, which has a lot of sulfur in it, it can be called "sour". Oil may bet also heavy or light on the basis of their physical properties. Viscosity and specific weight are two values that can determine whether it is heavy or light, although the gravity of the API is a measurement that applies specifically to oil.
whether oil is considered light can also depend on the part of the world where it is produced. The scale commonly used for light oil in the United States is WTI with API 39.6. Brent brutal raw raw, which is produced in northern Europe and Dubai oil from the Gulf, are considered light, although each has lower gravity API than WTI. The lower API corresponds to heavier oil, so Dubai raw is in fact too heavy to 31 APIs to be referred to as light if it was made in the US or Europe instead of Persian Gulf.
The most valuable type of vulture available in commodity markets is usually light and usually sweet. High gravity API and lack of sulfur in thisThe type of oil makes it easier to improve than heavier oils and mean that a larger percentage of gasoline and heating oil can be obtained. Gasoline and diesel fuel are some of the most sought -after products that are created in the refining process, so light raw oil usually provides more profitable results than other types of oil.