Light sweet crude oil

Light sweet crude oil is the preferred form of crude oil because it is easy to extract products such as gasoline, kerose or diesel. The reason behind this is that the viscosity or the fluid's resistance is fairly low making it easier to filter out impurities like tar. Transporting, pumping and ease of processing are also the major factors affecting the demand for it. Light sweet crude is the highest priced and the most sought after type of crude oil traded in the futures market. It generally contains less than 5% of sulfur, anything above that figure is classified as sour crude which is a lot common than sweet crude.


Light sweet crude refiners

Chevron Corporation (NYSE: CVX ) USA
ConocoPhillips (NYSE: COP) USA
ExxonMobil (NYSE: XOM) USA
BP p.l.c (NYSE: BP / LSE: BP) UK
Sinopec (NYSE: SNP) China
Petrochina (NYSE: PTR / SSE: 601857) China
Nippon oil (TYO: 5001) Japan
Saudi Aramco (Government) Saudi Arabia
Anadarko Petroleum corp. (NYSE: APC) USA
Petrobras (NYSE: PBR / Bovespa: PETR3)

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