Dubai Crude
In today's world, more and more attention is focused on Dubai Crude. Whether we're talking about politicians, celebrities, fashion trends or technological advancements, Dubai Crude has captured the imagination of millions of people around the world. In this article, we will thoroughly explore the phenomenon of Dubai Crude, examining its impact on various aspects of modern society. From its origin and evolution to its influence on popular culture, we will analyze in detail how Dubai Crude has come to occupy a place of relevance in the current panorama. In addition, we will also examine the possible future implications of this phenomenon and how it could continue to shape our lives in the years to come.
Dubai Crude is a medium sour crude oil extracted from Dubai. Dubai Crude is used as a price benchmark or oil marker because it is one of only a few Persian Gulf crude oils available immediately. There are two other main oil markers: Brent Crude and West Texas Intermediate.
Dubai Crude is generally used for pricing Persian Gulf crude oil exports to Asia. The Dubai benchmark is also known as Fateh, used in the United Arab Emirates. Forward trade of Dubai Crude is limited to one or two months.
Dubai Crude is a medium oil. It has a gravity of 31° API (specific gravity of 0.871) and a sulfur content of 2%/weight.
See also
References
- ^ "Crude Benchmark Analysis". Archived from the original on March 22, 2006. Retrieved 2006-10-08.
- ^ Supplement 3 (1997), Oil Trading Manual, Long, D. (Ed.), Cambridge: Woodhead Publishing Limited.
