Commercial form of oil (could be raw or slightly processed to match the trade specifications).
Below are the popular examples of market crudes which set up the oil price benchmarks:
Light crude oil | Medium crude oil | Heavy crude oil | Synthetic crude oil |
---|---|---|---|
Pennsylvania Grade Crude Oil | Maya (API 21.8) | Syncrude Sweet Blend (API 30.5 – 33.6) |
See List of crude oil products for the more detailed list.
See also
Natural Science / Physics / Chemistry / Chemical Substance
Petroleum Industry / Upstream / Subsurface E&P Disciplines / Petroleum Geology / Petroleum fluids