|Each Crude Oil has unique characteristics.|
Petroleum refineries are engineered to run most efficiently (and profitably) on crude oils with a common range of physical and chemical properties. To help determine if a crude oil is a good candidate for a particular refinery, in-depth crude oil assay testing is often conducted. These tests help petroleum refinery engineers determine if a new oilfield, or an "opportunity crude oil" available on the spot market, is a viable feedstock for a specific refinery or refineries.
We've attempted to list many of these crude oil grades and types, at www.intertek.com/petroleum/crude-oil-types/. If you spot any missing crude oil types, please send your suggestions to this blog.
Posted by Erik Holladay.