Dubai Crude

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Dubai Crude is a light sour crude oil extracted from Dubai. Dubai Crude is used as an oil price marker because it is one of only a few Persian Gulf crudes available immediately. Forward trade of it is limited to one or two months.

Dubai Crude has a gravity of 31° API and a sulfur content of 2%wt.[1]

[edit] References

  1. ^ Supplement 3 (1997), Oil Trading Manual, Long, D. (Ed.), Cambridge: Woodhead Publishing Limited.
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