Light Crude Oil

Light crude oil is liquid petroleum that has a low density and flows freely at room temperature. It has a low viscosity, low specific gravity and high API gravity due to the presence of a high proportion of light hydrocarbon fractions. It generally has a low wax content. Light crude oil receives a higher price than heavy crude oil on commodity markets because it produces a higher percentage of gasoline and diesel fuel when converted into products by an oil refinery.

Read more about Light Crude Oil:  Varying Standards, Examples of Light Crude Oils, U.S. Price

Famous quotes containing the words light, crude and/or oil:

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