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West Texas Intermediate (WTI) is a grade or mix of crude oil; ... 41.4 degrees API gravity: 40 degrees API gravity Sweetness: Below 0.42% sulfur content: 0.37% sulfur:
The American Petroleum Institute gravity, or API gravity, ... For example, a metric ton of West Texas Intermediate (39.6° API) has a volume of about 7.6 barrels.
West Texas Intermediate is used primarily in the U.S. It is light (API gravity) and sweet (low-sulfur) thus making it ideal for producing products like low-sulfur gasoline and low-sulfur diesel. Brent is not as light or as sweet as WTI but it is still a high-grade crude. The OPEC basket is slightly heavier and more sour than Brent.
The chemical profiles, or crude oil assays, specify important properties such as the oil's API gravity. The delivery locations are usually sea ports close to the oil fields from which the crude was obtained (and new fields are constantly being explored), and the pricing is usually quoted based on FOB ( free on board , without consideration of ...
West Texas Intermediate WTI is a sweet, light crude oil, with an API gravity of around 39.6 and a specific gravity of about 0.827, which is lighter than Brent crude. It contains about 0.24% sulphur thus is rated as a sweet crude oil (having less than 0.5% sulphur), sweeter than Brent which has 0.37% sulphur.
Its properties and production site make it ideal for being refined in the United States, mostly in the Midwest and Gulf Coast regions. WTI has an API gravity of around 39.6 (specific gravity approx. 0.827) per barrel (159 liters) of either WTI/light crude as traded on the New York Mercantile Exchange (NYMEX) for delivery at Cushing, Oklahoma. [38]
West Texas Intermediate settled at $72.70 per barrel while Brent crude closed at $78.25 per barrel. The shutdown of El Sharara, a site which produces 300,000 barrels per day, comes amid heightened ...
It contains approximately 0.37% of sulphur, classifying it as sweet crude, yet not as sweet as WTI. Brent is suitable for production of petrol and middle distillates. It is typically refined in Northwest Europe. Brent Crude has a density of approximately 835 kg/m 3, being equivalent to a specific gravity of 0.835 or an API gravity of 38.06.