Coastal Grade A

Coastal Grade A Price

Date	Price US$ per bbl	Price US $ per MT	Long Tons	US Gallons,$
2023-02-16	$68	498	507	1.62
2023-02-15	$68	500	508	1.62
2023-02-14	$69	504	512	1.64
2023-02-13	$70	511	520	1.66
2023-02-10	$69	508	516	1.65
2023-02-09	$68	497	505	1.61
2023-02-08	$68	498	507	1.62
2023-02-07	$67	487	495	1.58
2023-02-06	$64	465	473	1.51
2023-02-03	$63	460	467	1.49
2023-02-02	$65	478	486	1.55
2023-02-01	$66	484	492	1.57
2023-01-31	$69	502	510	1.63
2023-01-30	$68	495	503	1.61
2023-01-27	$69	508	516	1.65
2023-01-26	$71	517	525	1.68
2023-01-25	$70	509	518	1.65
2023-01-24	$70	509	518	1.65
2023-01-19	$70	511	520	1.66
2023-01-18	$69	506	514	1.64
2023-01-17	$70	509	518	1.65
2023-01-13	$69	508	516	1.65
2023-01-12	$68	497	505	1.61
2023-01-11	$67	491	499	1.6
2023-01-10	$65	475	482	1.54
2023-01-09	$64	471	479	1.53
2023-01-06	$63	464	471	1.51
2023-01-05	$63	462	469	1.5
2023-01-04	$62	456	464	1.48
2023-01-03	$67	487	495	1.58

Coastal Grade A Historical price

• In 2017 maximum price $50 per bbl (2017-12-28)
• In 2018 maximum price $35 per bbl (2018-12-31)
• In 2019 maximum price $51 per bbl (2019-12-31)
• In 2020 maximum price $38 per bbl (2020-12-31)
• In 2021 maximum price $67 per bbl (2021-12-30)
• In 2022 maximum price $70 per bbl (2022-12-30)
• In 2023 maximum price $68 per bbl (2023-02-16)

Coastal Grade A Crude Oil: The Future of Energy

Crude oil is a vital commodity that has been powering the world for more than a century. It is a non-renewable resource that is refined into various forms of fuel, including gasoline, diesel, and jet fuel. The quality of crude oil is a crucial factor that affects its refining process, and Coastal Grade A crude oil is one of the most sought-after types.

Understanding Coastal Grade A Crude Oil

Coastal Grade A crude oil is a high-quality crude oil that is extracted from offshore oil wells along the coastlines. This type of crude oil is known for its low sulfur content, which makes it easier and more cost-effective to refine. The low sulfur content also makes it an environmentally friendly option, as it produces fewer emissions compared to other types of crude oil.

Coastal Grade A crude oil is also characterized by its high API gravity, which is a measure of its density. The higher the API gravity, the lighter the crude oil, and the more valuable it is. Coastal Grade A crude oil has an API gravity of around 35, which is higher than the average API gravity of crude oil found in the Middle East.

The Advantages of Coastal Grade A Crude Oil

Coastal Grade A crude oil is a preferred option for refineries because of its high quality and low refining costs. The low sulfur content of this type of crude oil means that refineries don't need to invest in expensive sulfur removal equipment, which saves them money and reduces their environmental impact.

In addition, the high API gravity of Coastal Grade A crude oil means that it can be refined into higher-value products, such as gasoline and diesel, with less processing. This also makes it more attractive to refineries, as they can maximize their profits by producing more valuable products from a single barrel of oil.

The Future of Coastal Grade A Crude Oil

The demand for Coastal Grade A crude oil is expected to increase in the coming years as refineries seek to reduce their costs and environmental impact. The low sulfur content and high API gravity of this type of crude oil make it an attractive option for refineries looking to meet the growing demand for cleaner and more efficient fuel.

With the increasing focus on renewable energy and the reduction of carbon emissions, Coastal Grade A crude oil will play a vital role in meeting the world's energy needs while reducing the impact on the environment.

Conclusion

Coastal Grade A crude oil is a high-quality and environmentally friendly option that is becoming increasingly popular among refineries. Its low sulfur content, high API gravity, and cost-effectiveness make it an attractive option for refineries looking to meet the growing demand for cleaner and more efficient fuel. The future of Coastal Grade A crude oil is bright, and it is set to play a crucial role in the energy industry for years to come.

List of Advantages of Coastal Grade A Crude Oil:

• Low sulfur content
• High API gravity
• Cost-effectiveness
• Environmentally friendly
• High-value products
• Low refining costs
• Reduced environmental impact.

FAQs about Coastal Grade A Crude Oil

1. What is Coastal Grade A crude oil? Coastal Grade A crude oil is a high-quality crude oil extracted from offshore oil wells along the coastlines. It is characterized by its low sulfur content and high API gravity.

2. Why is Coastal Grade A crude oil preferred by refineries? Refineries prefer Coastal Grade A crude oil because of its low sulfur content, which reduces their refining costs and environmental impact. Its high API gravity also allows them to produce more valuable products, such as gasoline and diesel, with less processing.

3. Is Coastal Grade A crude oil environmentally friendly? Yes, Coastal Grade A crude oil is considered environmentally friendly because of its low sulfur content, which produces fewer emissions compared to other types of crude oil.

4. What are the future prospects for Coastal Grade A crude oil? The demand for Coastal Grade A crude oil is expected to increase in the coming years as refineries seek to reduce their costs and environmental impact. Its low sulfur content and high API gravity make it an attractive option for meeting the growing demand for cleaner and more efficient fuel.

5. What are the key advantages of Coastal Grade A crude oil? The key advantages of Coastal Grade A crude oil include its low sulfur content, high API gravity, cost-effectiveness, environmentally friendly properties, high-value products, low refining costs, and reduced environmental impact.

Conclusion

Coastal Grade A crude oil is a high-quality and environmentally friendly option that is becoming increasingly popular among refineries. Its low sulfur content, high API gravity, and cost-effectiveness make it an attractive option for refineries looking to meet the growing demand for cleaner and more efficient fuel. As the energy industry evolves, Coastal Grade A crude oil is poised to play a vital role in meeting the world's energy needs while reducing the impact on the environment.

References

The information in this article is based on research and analysis from various credible sources in the energy industry. Some of the sources used in this article include:

1. U.S. Energy Information Administration - The U.S. Energy Information Administration provides comprehensive data and analysis on energy markets, including crude oil production and consumption.

2. Oil Price Information Service - Oil Price Information Service provides accurate and reliable information on crude oil markets, including pricing and quality information.

3. International Energy Agency - The International Energy Agency provides data and analysis on global energy markets, including the production and consumption of crude oil.

By consulting these and other reputable sources, we are able to provide a comprehensive and up-to-date overview of Coastal Grade A crude oil, its properties, and its role in the energy industry.

Conclusion

Coastal Grade A crude oil is a high-quality and environmentally friendly option that is becoming increasingly popular among refineries. Its low sulfur content, high API gravity, and cost-effectiveness make it an attractive option for refineries looking to meet the growing demand for cleaner and more efficient fuel. As the energy industry evolves, Coastal Grade A crude oil is poised to play a vital role in meeting the world's energy needs while reducing the impact on the environment.

For more information on Coastal Grade A crude oil and other topics in the energy industry, we encourage you to consult the sources cited in this article and stay up-to-date on the latest developments in the field.