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 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).
Light Crude means Crude Petroleum having an API gravity greater than 29 degrees at sixty degrees Fahrenheit (60°

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.

  • This level of verification may only be used if the offset verifier can provide findings with a reasonable level of assurance.(144) "Light Crude Oil" means a category of crude oil characterized by relatively low viscosity, a lower carbon-to-hydrogen ratio, and a relatively lower density having an API gravity of greater than or equal to 20.

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

  • 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.

  • Malaysia shall provide adequate supply of natural gas as fuel and feed-stock for use by the Project at a price of US$0.70 per million BTU delivered to project plant, which price commencing g from 1 January 1979, shall be subject to an escalation rate of not more than seven per cent (7%) per annum based on the simple average of the actual rates of price increases in the immediately preceding calendar year of the following: Thirty-three and one third per cent (33 1/3%) Miri Light Crude.

  • Denote byY = ⎡R E O G ⎤′ the day t interval i returns for the variables of interest, namely the S&P 500i,t ⎣ i,t i,t i,t i,t ⎦index, Ri,t Ethanol futures, Ei,t , Light Crude Oil futures, Oi,t , and Natural Gas futures, Gi,t .

  • Malaysia shall provide adequate supply of natural gas as fuel and feed-stock for use by the Project at a price of US$0.70 per million BTU delivered to project plant, which price commencing from 1 January 1979, shall be subject to an escalation rate of not more than seven per cent (7%) per annum based on the simple average of the actual rates of price increases in the immediately preceding calendar year of the following: Thirty-three and one third per cent (33 1/3%) Miri Light Crude.

  • Fritz-Kleinow, Effect of Light Crude Oil Emulsion with and Without the Dispersant Correxit, on Early Fish Development (Abstract) (Jan.

  • The Crude Oil offered by the Seller and accepted by the Buyer is Nigerian National Petroleum Corporation (NNPC) standard and export grade of Bonny Light Crude Oil (BLCO) and shall comply with the NNPC Official Technical Specifications.

  • Blocher, Cooper, and Molyboga use a dataset of 21 commodity futures that include “Soybean Oil, Corn, Cocoa, Light Crude Oil, Cotton, Gold, Copper, NY Harbor ULSD¡ Coffee, Lumber, Hogs, Oats, Orange Juice, Soy Beans, Silver, Soy Meal, Wheat, Feeder Cattle, Live Cattle, Gasoline RBOB, and Rough Rice for the period between September 1987 and December 2014.


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

  • Dekatherm (dt) shall mean on million British Thermal Units and is synonymous to the term MMBTU.

  • Fuel means any solid, liquid or gaseous combustible material;

  • LNG means liquefied natural gas.

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

  • Truck camper means a nonself-propelled recreational vehicle that does not have wheels for road use and is designed to be placed upon and attached to a motor vehicle. "Truck camper" does not include truck covers that consist of walls and a roof, but do not have floors and facilities enabling them to be used as a dwelling.

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

  • Gasification means the substoichiometric oxidation or steam reformation of a substance to produce a gaseous mixture containing two or more of the following: (i) oxides of carbon; (ii) methane; and (iii) hydrogen;