Sweet Crude Oil

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		About Sweet Crude

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Sweet Crude Oil

Barrels of crude oil vary according to numerous factors. The main defining characteristics of sweet crude are its constituent, low amounts of sulfur (occurring at less than .5%), hydrogen sulfide and carbon dioxide.

Sweet crude has a higher viscosity than light sweet crude yet is more pure and has less sulfur content than what is considered sour crude (where sulfur levels exceed .5%).

This type of crude finds its demand primarily in the production of gasoline for automobile and vehicle consumption..

The NYMEX spells out content requirements for trading purposes.

Among the producing countries are:

The North Sea: the United Kingdom and Norway, making Brent Crude.

African region: in Algeria and Libya to the north, Nigeria to the west, and the Republics of Angola and the Congo which are more centrally located.

The Middle East: in Saudia Arabia, Iraq and Kuwait.

Asian Countries: Austrailia, India, China, Indonesia, Malaysia, Brunei & Vietnam.

North America: Louisiana, producing "Louisiana Sweet" and Texas, producing "Texas Sweet Light". Also Light Sweet petroleum comes from a number of U.S. States that include North Dakota, Montana, and Pennsylvania.

As the name implies, sweet crude does carry a touch of sweetness. In fact, many drillers of old were accustomed to putting up the tongue-test on the oil to assess their find (which is definitely not recommended).

Get information on energy markets with our gas resource for Natural Gas Futures Market. In addition to Heating Oil Futures and Sweet Crude Markets.

About Sweet Crude

Sweet Crude Oil