Add technical indicators like Relative Strength Index, Moving Averages and MACD or alter then number of price candles displayed. Economics & Price Forecasts. The API’s density scale is inverted, meaning that oil with an API Gravity greater than 10 will float on water and be called “light crude”. Chart of Light Sweet Crude Oil Prices. Terms of Service | Privacy Policy | Disclaimer | Disclosure. Sweet crude refers to crude oil that is extracted that is found to contain very low amounts of sulfur. Average of Month. Perhaps the most famous example of light sweet crude oil is known as West Texas Intermediate, or WTI crude oil, which is both lighter and sweeter than other major types of oil, such as Brent crude oil and Dubai crude oil. You may also display a point and figure chart or other types. Sweet crude is a type of crude oil classified by its low sulfur content. Spot oil charts are live from Sun 6:00 pm thru Fri 5:15 pm EST. Sweet Crude: A type of oil that meets certain content requirements, including low levels of hydrogen sulfide and carbon dioxide. When combined with low density, sweet crude is a highly sought after type of oil which commands a high price, known as light sweet crude. A long range prediction for WTI crude oil prices and similar economic series is available by subscription. Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $40.57 a barrel on Monday, compared with $41.61 the previous Friday, according to OPEC Secretariat calculations. Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Get the rest of the story with the long range forecast! Sweet Crude Limited is a media company which publishes SweetcrudeReports and provides media consultancy services for both local and foreign entities either already operating in Nigeria or looking to start up operations in-country. This live oil chart shows the current spot price of WTI light sweet crude oil on a 24-Hour basis. Conversion Oil (WTI) Price Price; 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 303.24 USD 1 Barrel ≈ 158,98 Liters As the EUR, CAD and SGD strengthen versus the USD, the price of crude oil will go up. Two markers of economic activity tied to the price of oil are the Hang Seng (HSI) and FTSE 100 (FTSE) stock market indexes. West Texas Intermediate is the underlying commodity of the New York Mercantile Exchange's oil futures contract and one of the main global oil benchmarks. Now this is a technology I'm excited about ... © 2020 Sweet Crude Limited Powered By Sweet Crude, 11 suspects in EFCC custody over oil theft, Gov. Udom receives liberty oil & gas free zone license, Otedola bridge explosion: NNPC commiserates with victims, Lagos Govt, Global LNG – Asian spot prices rise on expected colder weather, OPEC+ fears second virus wave could lead to oil surplus in 2021, Oil-producing states get N36.19bn in September, Schlumberger posts third straight quarterly loss as oil rout hits services demand, IMO, ECOWAS and GGC to tackle insecurity in the GOG, Marine Insurance: African Ship owners consider Continental P&I Club, Ship insurance costs soar after Middle East tanker attacks, London marine insurers widen Middle East threat zone after ship attacks, OPEC daily basket oil price closes at $41.29 per barrel, OPEC daily basket oil price closes at $41.20 per barrel, OPEC daily basket oil price closes at $40.68 per barrel, Why states can’t control minerals – Mines & Steel Minister, Minister laments neglect of mining sector, Rivers denies comment on CBN, Zamfara gold mining, ExxonMobil to explore new carbon capture technology. With this in mind, we hope you enjoy our site. US crude oil is a blend of several American streams of light sweet crude oils. The remaining elements consist of sulfur, oxygen, nitrogen, and helium. Mkpoikana Udoma Port Harcourt — Akwa Ibom State Governor, Udom Emmanuel, has formally received... Read more, Singapore — Asian spot prices for liquefied natural gas (LNG) rose to their highest in more th... Read more, *Boost employment in oil conflict-ridden Niger Delta Lagos — The Niger Delta, an area with a c... Read more, Lagos —n An Economist, Mr Moses Igbrude, has urged the National Assembly (NASS)  to expedite t... Read more, Matthew Asabor Lagos — The National leadership of Nigeria Union of Petroleum and Natural Gas W... Read more, Lagos – The Minister of Mines and Steel Development, Olamilekan Adegbite, has adduced reasons why th... Read more, Vincent Toritseju Lagos — The University of Lagos, the University of Nigeria Nsukka, UNN, and... Read more, Lagos — The Nigerian National Petroleum Corporation, NNPC, Total Upstream Nigeria Limited and... Read more. Real-time trade and investing ideas on Light, Sweet Crude Oil Futures CL_F from the largest community of traders and investors. To help produce an industry-standard definition of this high-quality oil, the NYMEX exchange has put forward a definition of crude sweet oil, stating that it must possess no more than 0.42% sulfur content. Although not all light crude is sweet, most heavy crude is sour because it typically contains large amounts of sulfur as well as metals such as nickel. Benchmark crude oil is petroleum that serves as a pricing reference, establishing standards for comparison for varieties of crude oil. Subscriber Log In, Stock Market Forecasts You should always consult with a broker or financial professional before trading. By using Investopedia, you accept our. Crude Oil prices on PMBull are made available by 3rd parties. Conversely, oil with an API Gravity below 10 will sink in water and be known as “heavy crude”. Subscribe Now! Disclosure: Content on PMBull may be used to promote products, services and businesses for which PMBull has an established affiliate or direct advertising relationship and for which PMBull may be paid. It is through this old testing method that the terms "sweet crude" and "sour crude" came to be. Nothing on PMBull should be construed as a live quote, nor an offer to buy or sell any oil security or derivative in any market.

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