Although variously defined, the upper limit for heavy oil is 22° API gravity with a viscosity of 100 cp (centipoise). The American Petroleum Institute's "API gravity" is a standard to express the ...
The WTI price edges higher amid supply worries after US President Donald Trump threatened Russia with oil tariffs. However, the upside for the black gold might be limited as traders braced for ...
WTI price declines as the US reaches a truce with Ukraine and Russia, potentially enabling Russian Oil to re-enter global ...
According to Petroleum Ministry officials, this technique has already been used to extract crude in a pilot test with an API ...
Nigeria's newest crude oil grade, the sweet Obodo blend, is reportedly ready for export to European markets alongside other ...
Nigeria is set to introduce a new medium sweet crude, Obodo, in April, produced by Continental Oil and marketed by NNPC.
HOUSTON, March 4 (Xinhua) -- The American Petroleum Institute (API) on Tuesday reported a decrease of 1.455 million barrels of crude oil in U.S. inventories for the week ending Feb. 28. Analysts ...