Low gravity (heavy oil), involves crude with a 20 API and lower, and are rich in sulfur. Medium gravity involves crude falling in the 21 API to 34 API range. High gravity (light oil) involves ...

The following table shows that the U.S. Lower 48 production of crude oil with API gravity below 35°, which is mostly conventional production, declined by ~7% in October 2017 year-on-year.

Or they may have to invest, a lot, into refinery upgrades and convert crude units to process super light crudes. The WTI crude has a gravity of between 38 and 44 degrees, and this API gravity is ...

Today, the U.S. Energy Information Administration (“EIA”) issued its Today in Energy entitled U.S. Crude Oil Production Growth Projected to be Led by Light, Sweet Crude Oil. We all know that I ...

In comparison with heavy oil, light or "conventional" oil flows naturally and can be pumped without being heated or diluted. Light oil is characterized by an API gravity of at least 22°, and ...

What API And EIA Data Reveal About Crude Oil Markets Mar. 19, 2025 4:00 AM ET Crude Oil Futures (CL1:COM) CL1:COM , DBE , JJETF , USO , DBO , USL , BNO , OILK , USOI , OLOXF , UCO 2 Comments ...

Presently, the short-term trend for light crude oil futures is bearish, with a range between $87.13 and $80.70. A notable resistance zone lies between $83.92 and $84.67, marked as a potential ...