Crude Oil Quality & Refining ๐ข
1. ๐บ๐ธ United States (WTI) โ 39โ41ยฐ API
โข Light, sweet crude
โข Very easy to refine, high gasoline & jet fuel yield.
2. ๐ฎ๐ท Iran (Iran Light) โ 33โ36ยฐ API
โข Medium-light crude
โข Iran Light sits near the medium-light range that many refineries are designed for
3. ๐ท๐บ Russia (Urals) โ 30โ32ยฐ API
โข Medium sour crude
โข Requires more processing.
4. ๐ป๐ช Venezuela (Merey / Orinoco) โ 15โ16ยฐ API
โข Heavy crude
โข Thick, tar-like, complex refining needed.
๐ Key Insights ๐
โข Higher API Gravity = Lighter Oil = Easier Refining = Bigger Profits
โข Iranian crude sits between ultra-light US shale and heavy Venezuelan oil, making it highly compatible with many global refineries.
โข Strait of Hormuz carries a large share of the medium-grade crude many refineries are designed to process.
โข If Hormuz supply is disrupted, refineries must switch to heavier or ultra-light substitutes, reducing efficiency and profits.
โข Quality of oil often drives global oil politics more than most people realize.
BREAKING: 26-year-old Sgt. Benjamin Pennington of Kentucky has been identified as the 7th US service member to be killed in Operation Epic Fury.
RIP HERO ๐บ๐ธ
Pray for his family ๐