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Home Icon > About Us > News > Shale Gluts and Ship Rules Make Heavy Sweet Oil an Unlikely Star

Shale Gluts and Ship Rules Make Heavy Sweet Oil an Unlikely Star

By Serene Cheong and Dan Murtaugh (Bloomberg) — There’s a rising star in the oil world, and it’s heavy and sweet. Dense, low-sulfur oil, known in industry parlance as heavy sweet crude, is fetching increasingly stronger prices relative to benchmark lighter grades. For example, Angola’s Dalia traded at just 10 cents below Brent oil last month, up […]

WP_Post Object ( [ID] => 193296 [post_author] => 21 [post_date] => 2018-12-01 19:21:24 [post_date_gmt] => 2018-12-01 19:21:24 [post_content] => By Serene Cheong and Dan Murtaugh (Bloomberg) — There’s a rising star in the oil world, and it’s heavy and sweet. Dense, low-sulfur oil, known in industry parlance as heavy sweet crude, is fetching increasingly stronger prices relative to benchmark lighter grades. For example, Angola’s Dalia traded at just 10 cents below Brent oil last month, up […] [post_title] => Shale Gluts and Ship Rules Make Heavy Sweet Oil an Unlikely Star [post_excerpt] => By Serene Cheong and Dan Murtaugh (Bloomberg) — There’s a rising star in the oil world, and it’s heavy and sweet. Dense, low-sulfur oil, known in industry parlance as heavy sweet crude, is fetching increasingly stronger prices relative ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => shale-gluts-and-ship-rules-make-heavy-sweet-oil-an-unlikely-star [to_ping] => [pinged] => [post_modified] => 2018-12-01 19:21:24 [post_modified_gmt] => 2018-12-01 19:21:24 [post_content_filtered] => [post_parent] => 0 [guid] => http://gcaptain.com/?p=131484 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )