subject: An Overview Of Light Crude Oil [print this page] Light crude oil is fluid petroleum which is low in density. It is known to stream liberally when it is on normal temperature. It is very low in viscosity as well as its specific gravity. But the API gravity of the light classification of crude oil is high. This is as result of the existence of a high dimension of light carbon and hydrogen divisions. Most of the light crude oil, irrespective of their origin, is usually low in wax. These advantages of light crude oil make it to be priced higher more than the heavy crude oil when it is traded on the market. Most importantly, the reason for the high price of light crude oil than other classifications like heavy is because it generates larger amount of diesel fuel and gasoline when refined into useable goods at an oil refinery industrial plant.
Types of light crude oil
All kinds of benchmark crude oils around the globe are taken as light. The widely known one in North America is referred to as west texas intermediate. All forms of brent crude is regarded as light. Dubai crude varieties are also regarded as light petroleum.
Reasons for the variation of light crude oil
The difference for each country acceptance of the right standard for light crude oil varies due to countries like Mexico and Canada are likely to deliver heavier crude oils more than the types which are usually seen in the United States of America. From the beginning of the production of light crude oils, a lot of big oil wells in the USA generate lighter crude oil which is better than the ones found in most of oil producing countries.
Summary
To summarize this article, USA produces the best type of light crude oil and Saudi Arabia may be the highest producer of light crude oil.
