BUSINESS EAST SERVICE
CRUDE OILS
Benchmark and export crude grades for refineries and traders worldwide.
Request a quote whatsapp us nowIntroduction:
Crude oil is a naturally occurring liquid fossil fuel extracted from underground reservoirs. It serves as the raw material for refining into fuels, lubricants, bitumen, and petrochemicals.
PRODUCTS
West Texas Intermediate (WTI) Crude Oil
WTI is the main U.S. benchmark crude, priced at Cushing, Oklahoma. It is a light, sweet crude that gives a high yield of gasoline and diesel, and it is a reference for pricing contracts around the world.
Eastern Siberian Pacific Ocean (ESPO) Crude Oil
ESPO is a medium sweet crude piped from Eastern Siberia and loaded at the Pacific port of Kozmino. It is popular with refiners in China, Japan and South Korea for its balanced yield and low sulfur.
REBCO Crude Oil
REBCO (Russian Export Blend Crude Oil), also known as Urals, is a medium sour crude blended from several Russian fields and exported from Baltic and Black Sea ports. It has long been a major feedstock for European refineries.
Export Blend Crude
Export Blend is a commercial blend of crude streams from several fields, mixed to give consistent, tradable quality for export cargoes. Exact specifications depend on the origin and are agreed in each contract.
Light Crude Oil (LCO)
Light crude oil has low density and low viscosity, flows easily and is usually low in sulfur. Refiners value it because it yields more gasoline, diesel and jet fuel with less processing than heavier grades.
Values shown are typical and may vary by cargo. Final specifications are confirmed in the contract.
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