Carlsbad + 19 CB February 5, 2018 Libyan light, sweet crude is like US shale-produced oil, says Bloomberg. Not like oil produced in the Middle East. What OPEC likes is that more Libyan production will mean less US exporting...hmmm Quote Share this post Link to post Share on other sites
Marina Schwarz + 1,576 February 5, 2018 But isn't Saudi crude also light? I mean, it's called Arab Light. Quote Share this post Link to post Share on other sites
Rodent + 1,424 February 5, 2018 Saudi's have multiple grades. Heavy, Medium, LIght, Extra LIght, and Super Light. http://fac.ksu.edu.sa/sites/default/files/types_of_saudi_arabian_crude_oils.pdfhttp://fac.ksu.edu.sa/sites/default/files/types_of_saudi_arabian_crude_oils.pdf  Quote Share this post Link to post Share on other sites
Rodent + 1,424 February 5, 2018 I think that's the case for most middle eastern countries, but I don't know that ratio of how much of each grade is produced. Anyone else? Quote Share this post Link to post Share on other sites