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All unrefined crude oil has some water entrained within it. During transportation by ship, separation occurs naturally and water collects at the base of the tank below the oil, this is known as free water (FW). [4] Sales contracts for crude oil will typically specify the BS&W and FW to ensure the cargo meets quality standards.
Saturate, Aromatic, Resin and Asphaltene (SARA) is an analysis method that divides crude oil components according to their polarizability and polarity. The saturate fraction consists of nonpolar material including linear, branched, and cyclic saturated hydrocarbons ( paraffins ).
Synthetic crude is an intermediate product produced when an extra-heavy or unconventional oil source is upgraded into a transportable form. [1] Synthetic crude is then shipped to oil refineries where it is refined into finished products. [1] Synthetic crude may also be mixed, as a diluent, with heavy oil to create synbit. Synbit is more viscous ...
High-quality, low-sulfur crude oil is commonly used for processing into gasoline and is in high demand, particularly in industrialized nations. Light sweet crude oil is the most sought-after version of crude oil as it contains a disproportionately large fraction that is directly processed ( fractionation ) into gasoline ( naphtha ), kerosene ...
Since sour crude is more common than sweet crude in the U.S. part of the Gulf of Mexico, Platts has come out in March 2009 with a new sour crude benchmark called "Americas Crude Marker (ACM)". [3] Dubai Crude and Oman Crude, both sour crude oils, have been used as a benchmark (crude oil) oil marker for Middle East crude oils for some time.
The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 over the WTI Spot price ...
For refineries, the interest has been primarily focused on the distribution between the distillation fractions: petrol, paraffin, gas oil, lubricant distillate, etc. Refiners look at the density of the crude oil – whether it is light, medium or heavy – or the sulfur content, i.e. whether the crude oil is “sweet” or “sour”.
For example, the viscosity of Venezuela's Orinoco extra-heavy crude oil lies in the range 1000–5000 cP (1–5 Pa·s), while Canadian extra-heavy crude has a viscosity in the range 5000–10,000 cP (5–10 Pa·s), about the same as molasses, and higher (up to 100,000 cP or 100 Pa·s for the most viscous commercially exploitable deposits). [2]