Commercial form of oil (could be raw or slightly processed to match the trade specifications).
Popular examples of market crudes setting up oil price benchmarks (see List of crude oil products for a more detailed list):
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 also
Natural Science / Physics / Chemistry / Chemical Substance
Petroleum Industry / Upstream / Subsurface E&P Disciplines / Petroleum Geology / Petroleum fluids