Light Sweet Crude

Crude oil can only be termed as sweet crude if its sulfur contents are less than 0 5.

Light sweet crude. This live oil chart shows the current spot price of wti light sweet crude oil on a 24 hour basis. Sweet crude oil is a type of petroleum the new york mercantile exchange designates petroleum with less than 0 5 sulfur as sweet. Sweet crude oil contains very less amounts of sulfur and related contents such as carbon dioxide and hydrogen sulfide. Petroleum containing higher levels of sulfur is called sour crude oil.

In response to changes in the physical industry and to ensure the continued high quality and integrity of the domestic light sweet crude oil that is being delivered against our nymex wti futures contracts we will add five additional testing parameters to our wti futures contract specifications beginning with the january 2019 contract month. Read reviews from world s largest community for readers. Sweet crude gets its name if it contains less than 0 5 sulfur. These oil price charts are derived from spot oil trading in new york europe and asia and presented with 10 second to weekly price candles.

A type of oil that meets certain content requirements including low levels of hydrogen sulfide and carbon dioxide. Sweet crude oil contains small amounts of hydrogen sulfide and carbon dioxide high quality low sulfur crude oil is commonly used for processing into gasoline and is in high demand. Spot oil charts are live from sun 6 00 pm thru fri 5 15 pm est.