Sentences with phrase «light crude oil»

This forced VRA to buy light crude oil for more than one year and that affected VRA's balance sheet after the gas supply resumed.
The energy market could have a new benchmark oil price when Dubai launches its Middle East sour crude futures contract as an alternative to New York's NYMEX light crude oil futures and London's IPE Brent crude oil.
Saudi Arabia's Aramco said yesterday that it will raise the October price of its Arab Light crude oil blend for Asian clients by US$ 0.55 a barrel to a premium of US$ 0.30 to the Oman / Dubai average.
Using intraday and daily prices of the most active rolling futures contracts for the S&P 500 Index, gold and light crude oil during 1987 through 2012, they find that: Keep Reading
The sweet, light crude oil produced in Libya is popular elsewhere in the European market, too.
The complainant alleged that sometime in October, 2010 he paid the sum of $ 629,287.00 to Dr. Vincent Anyigor for the supply of Six million barrels of Bonny Light crude oil and that till date he is yet to receive the products or get a refund of his money.
He thinks the key ingredients were a highly flammable light crude oil called naphtha, and pine resin, which is sticky and would have made the mixture burn hotter and longer.
Dilbit is harder to remove from waterways than the typical light crude oil — often called conventional crude — that has historically been used as an energy source.
KARPOWER barges will as a result, continue to produce electricity for Ghanaians, without consequence to the availability of light crude oil and gas in Ghana.
Light crude oil, which accounted for the remaining 26 percent of crude - oil exports, recorded a moderate rise of 15 percent from 2007.
The report authored by the chief energy policy adviser to government, the Energy Commission, says the amount required will expended on natural gas, light crude oil, diesel and heavy fuel oil to power the various thermal plants as the country looks to contain the threat of erratic energy supply on the economy.
Challenges with FPSO Kwame Nkrumah and in Nigeria have combined to unduly deny Ghanaians our much needed gas and light crude oil, for electricity generation.
In 2002, a reconstruction was built for a National Geographic TV programme, using a mixture of light crude oil and pine resin.
The PowerShares DB Oil fund is an index fund that is intended to reflect the performance of light crude oil.
Stalled global oil demand, combined with a continuing oversupply of light crude oil, could sour global market needs for a growing supply of bitumen.
It would also allow exports of condensate, a type of light crude oil.
Only one chart compared the chemical properties of dilbit and light crude oil.
It then has to be diluted with light crude oil or other chemicals before it can go through a pipeline (hence the term diluted bitumen).
HRT says the blocks contain 4 - 6 billion barrels of light crude oil and 10 - 20 trillion cubic feet of natural gas.
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