CRUDE OIL

CRUDE OIL

Crude oil is traded in the futures markets.Quotes based on WTI BRENT& PLATTS Brent is a high-quality light, sweet blend of crude oil, which refers to its low density and low sulphur content.US-produced WTI crude is lighter and sweeter than Brent as it contains an even lower amount of sulfur. Crude oil futures are traded on commodity exchanges: Brent trades on the Intercontinental Exchange (ICE), while WTI trades on the New York Mercantile Exchange (NYMEX). *Middle East Export quality API 33.6 ASTM D5002 *BLEND 33 Crude oil API 33.9 ASTM D5002 *HEAVY CRUDE OIL API 29.6 ASTM D5002 MERREY CRUDE

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