InterContinental Exchange
One barrel of Brent crude oil typically weighs around 300 pounds, including the weight of the barrel itself. Different types of crude oil may have slightly different weights due to variations in density and composition.
Yes, crude oil contains various fractions with different viscosities. Some fractions, such as light crude oil, have low viscosity, while others, such as heavy crude oil, have high viscosity. The viscosity of crude oil can affect its flow characteristics and processing requirements.
A standard barrel of crude oil is equivalent to 42 US gallons or approximately 159 liters.
The dielectric constant of crude oil varies depending on the specific composition of the oil. However, in general, the dielectric constant of crude oil ranges from around 2.0 to 3.5.
You probably mean the "specific gravity" of crude oil. The answer is yes. For example: crude oil with a specific gravity of less than 1.0 and is therefore lighter than water and will float on its surface. "Extra heavy crude oil" has a specific gravity greater than 1.0 and sinks to the bottom of water.
Brent crude oil is named after the Brent oil field in the North Sea. The field was discovered in 1971 and became a significant source of crude oil. The term "Brent" is widely used to refer to the benchmark oil price for the North Sea crude oil.
Brent Crude oil is a light, sweet crude oil with low sulfur content, making it ideal for refining into diesel fuel and gasoline. It is a benchmark for oil prices in Europe, Africa, and the Middle East, with delivery points in the North Sea. Brent Crude oil is known for its high quality and stable production.
Brent crude oil is a type of sweet light crude oil that is extracted from the North Sea. It is a benchmark used to price two-thirds of the world's internationally traded crude oil supplies. Brent crude oil is known for its high quality and low sulfur content, making it desirable for refining into gasoline and diesel fuel.
Brent crude oil is a "benchmark crude" oil agreed upon by various suppliers and traders of crude oil. Other crude oils are often priced based on the agreed upon benchmark crude which has a particular set of properties.
Brent Crude oil is a light, sweet crude oil extracted from the North Sea. It is known for its low sulfur content, which makes it easier to refine into gasoline and diesel fuel. Brent Crude is a benchmark for pricing other crude oils worldwide.
Crude Oil prices
The Crude Oil and Commodity Prices on April, Friday 25 2014 are: WTI Crude Oil is $101.94/barrel and Brent Crude Oil is $110.33/barrel.
The Crude Oil and Commodity Prices on April, Friday 25 2014 are: WTI Crude Oil is $101.94/barrel and Brent Crude Oil is $110.33/barrel.
Crude oil is that oil that comes out of an oil well head (before it is refined). However, different oil wells produce different types of crude oil (some is thick and some is very runny)For commercial trading purposes, Brent Crude is a major classification of sweet light crude oil that serves as a major benchmark price for purchases of oil worldwide.
Brent crude oil futures are stocks whose price flactuates every now and then. This is affected by various factors in the market but mostly that of demand and supply.
I think because brent is produced in the N. Sea. Shipping cost.
West Texas Intermediate (WTI) crude oil is of very high quality and is at refining a larger portion of gasoline. Its API gravity is 39.6 degrees, which makes it a "light" crude oil, and it contains only about 0.24 percent of sulfur (making a "sweet" crude oil). Brent Blend is actually a combination of crude oil from fifteen different oil fields located in the North Sea. It is still a "light" crude oil, but not quite as "light" as WTI, and it contains about 0.37 percent of sulfur (making it a "sweet" crude oil, but again slightly less "sweet" than WTI). Brent blend is good for making gasoline and middle distillates. WTI is more expensive than Brent.