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:
| Synthetic crude oil | Light crude oil | Medium crude oil | Heavy crude oil |
|---|---|---|---|
| Syncrude Sweet Blend (API 30.5 – 33.6) | Pennsylvania Grade Crude Oil | Maya (API 21.8) |
See List of crude oil products for the more detailed list.
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[ List of crude oil products ]