Markets - CommoditiesMarkets - Energie - Energy - CL - Crude Oil (Light Sweet)

http://www.1mtx.com/markets-trades/en/index.php?language=en&menu=MARKETS&punkt=Energie Petroleum is found in porous rock formations in the upper strata of some areas of the Earth's crust... Known reserves of CRUDE estimated 1.2 trillion barrels... Consumption 31 billion barrels/year... Commodities Energy: CL Crude Oil Light Sweet Crude Oil. Crude Oil (or Petroleum) as found in the earth, before it is refined into oil products. "CL" is the Symbol of "Crude Light" Futures traded at the NYMEX (CME Group) Crude oil, the world's most actively traded commodity. Latest Updates... Latest Prices and Data : weekly updated ? World Crude Oil Prices World - U.S. - OPEC - Non-OPEC daily / weekly updated ? Spot Prices USA - Rotterdam - Singapore Crude Oil and Products Release Schedule: Wednesday after 10:30 a.m. EST ? U.S. Weekly Petroleum Status Report Petroleum Supply - Petroleum Stocks Release Schedule: Wednesday after 1:00 p.m. EST ? U.S. Report: This Week in Petroleum Data - Prices - Charts (Crude, Gasoline, Distillate, Propane) (Sources: U.S. Energy Information Administration) Latest Prices daily updated ? OPEC Daily Basket Price The OPEC basket used to be the average price of the following blends: Arab Light Saudi Arabia Bonny Light Nigeria Fateh Dubai Isthmus Mexico (non-OPEC) Minas Indonesia Saharan Blend Algeria Tia Juana Light Venezuela Latest Data Crude Oil or Petroleum (from Latin petra – rock and Greek oleum – oil) is used mostly, by volume, for producing fuel oil and petrol (gasoline), both important "primary energy" sources. 84% of the hydrocarbons present in petroleum is converted into energy-rich fuels, including petrol, diesel, jet, heating, and other fuel oils, and liquefied petroleum gas. Due to its incredible energy density and relative abundance, it has become the world's most important source of energy since the mid-1950s. World Nominal Oil Prices Chronology (1979 - 2005) Petroleum is also the raw material for many chemical products, including solvents, fertilizers, pesticides, and plastics; the 16% not used for energy production is converted into these other materials. Classifications: The oil industry classifies CRUDE ? by its relative weight API gravity or viscosity Light crude oil contains a low content of wax; crudes with high viscosities (heavy crude oil) are more difficult to transport/pump Heavy crude oil is any type of crude oil which does not flow easily. It's a relative term, compared to light crude oil, but relates to specific technical issues of its own on pumping, transportation, and refining. ? by its sulfur content ...Refining Processes sweet contains relatively little sulfur sour contains substantial amounts of sulfur and requires more refining in order to meet current product specifications ? by the location of its origin: ...map WTI West Texas Intermediate (North American oil) Brent benchmark: Oil from East Shetland Basin of the North Sea (between Scotland and Norway) Dubai Middle East oil (benchmark) Tapis from Malaysia, used as a reference for light Far East oil Minas from Indonesia, used as a reference for heavy Far East oil Top petroleum-producing countries ...map 2004 (MMbbl/d = millions of barrels per day) Saudi Arabia (OPEC) - 10.37 MMbbl/d Russia - 9.27 MMbbl/d United States 1 - 8.69 MMbbl/d Iran (OPEC) - 4.09 MMbbl/d Mexico 1 - 3.83 MMbbl/d China 1 - 3.62 MMbbl/d Norway 1 - 3.18 MMbbl/d Canada 1 - 3.14 MMbbl/d Venezuela (OPEC) 1 - 2.86 MMbbl/d United Arab Emirates (OPEC) - 2.76 MMbbl/d Kuwait (OPEC) - 2.51 MMbbl/d Nigeria (OPEC) - 2.51 MMbbl/d United Kingdom 1 - 2.08 MMbbl/d Iraq (OPEC) 2 - 2.03 MMbbl/d International Energy Outlook(eia.doe.gov) Forecasts Energy, Markets, Consumption etc. (World - U.S. - OPEC - Non-OPEC) Oil: All latest news (logdigi) Oil: latest news (al-bab) "Real Oil Highs" International Energy Agency Commodities ^ top Sources: Wikipedia; NYMEX; Others; .1MTX 2007 Despite careful control, .1MTX cannot assume any liability for the content of the linked pages.