Light Crude definition

Light Crude means Crude Petroleum having an API gravity greater than 29 degrees at sixty degrees Fahrenheit (60° F) and a viscosity less than 55 Saybolt Universal Seconds (SUS) at 100 degrees Fahrenheit.
Light Crude means Crude Petroleum having an API gravity greater than 29 degrees at sixty degrees Fahrenheit (60°
Light Crude means Petroleum having a density up to but not including 876 kilograms per Cubic Metre (kg/m3), and a viscosity up to but not including 20 square millimetres per second (mm2/s).

Examples of Light Crude in a sentence

  • Committed Shipper has executed a TSA as of November 7, 2011 or January 21, 2019, provided that Committed Shippers who executed a TSA on or about January 21, 2019 are eligible only for the Light Crude Committed Rates set forth above for service pursuant to such TSA.

  • The mean_TF2SALES can thus explain around 50% of the regression, while median_TF2SALES reach only to 10 percent.

  • Equity and commodity swap deals made by the Bank enables both local players to open positions in international capital markets (leading benchmark indices like S&P 500 or commodity futures like WTI Light Crude Oil), without facing the transaction costs of accessing these markets and international players to open positions in domestic equity instruments, without the need of funding these positions.

  • In the event that the cargo at the discharge port is found to be similar or identical to Iranian Light Crude Oil, the Buyer reserves the right to reject the cargo straightaway and claim damages from the Seller.

  • The Purchaser will be required to place the tanker/ bowser at DND-GPC for lifting of Light Crude Oil after completing all formalities within 72 (Seventy Two) hrs.

  • US and Saudi Crude Oil Price: 1950 - 1990PRICE - US$ per barrel .40353025201510501950 1955 1960 1965 1970 1975 1980 1985 1990 US Crude Saudi Light Crude Source: ‘History and Analysis of Crude Oil Prices’, WTRG Economics.

  • The PDU observatory is financed by the Ministry of Transport and run by Cerema – a public body in charge of technical support for ministries working in the field of sustainable development.

  • Figure 1 Oil Price for Bonny Light Crude Oil (CBN 2020; EIA 2020).

  • The Light Crude Oil shall be delivered to the purchaser at Dandewala GPC (DND-GPC) in Jaisalmer District of Rajasthan (Nearly 150 KM from Jaisalmer Township).

  • Light Crude Oil will be made available to the Purchaser at Dandewalla GPC of the Company.


More Definitions of Light Crude

Light Crude means Petroleum having a gravity greater than thirty (30) degrees API and a viscosity up to but not including twenty (20) square millimeters per second (mm²/s).
Light Crude means Crude Oil with an API gravity of greater than 22.

Related to Light Crude

  • Diesel fuel means the same as that term is defined in Section 59-13-102.

  • Semitrailer means every vehicle of the trailer type so designed and used in conjunction with a