Isthmus

Isthmus Price

DatePrice US$ per bblPrice US $ per MTLong TonsUS Gallons,$
2023-02-16$815936031.93
2023-02-15$815956041.93
2023-02-14$825996081.94
2023-02-13$836066161.97
2023-02-10$826016111.95
2023-02-09$805885981.91
2023-02-08$815956051.93
2023-02-07$805855951.9
2023-02-06$775635721.83
2023-02-03$775665751.84
2023-02-02$785745841.87
2023-02-01$795785871.88
2023-01-31$825976071.94
2023-01-30$805906001.92
2023-01-27$826026121.96
2023-01-19$836076171.97
2023-01-18$825996091.95
2023-01-17$826046141.96
2023-01-12$805875971.91
2023-01-11$795805891.88
2023-01-10$775625711.82
2023-01-09$765585671.81
2023-01-06$755525611.79
2023-01-05$755515601.79
2023-01-04$745455541.77
2022-12-30$826036131.96
2022-12-27$825986081.94
2022-12-22$805855941.9
2022-12-21$805895991.91
2022-12-20$785725811.86

Isthmus Historical price

  • In 2017 maximum price $63 per bbl (2017-12-28)
  • In 2018 maximum price $49 per bbl (2018-12-27)
  • In 2019 maximum price $65 per bbl (2019-12-30)
  • In 2020 maximum price $50 per bbl (2020-12-30)
  • In 2021 maximum price $78 per bbl (2021-12-30)
  • In 2022 maximum price $82 per bbl (2022-12-30)
  • In 2023 maximum price $81 per bbl (2023-02-16)

Isthmus Crude Oil: An In-Depth Overview

Crude oil is a crucial resource that powers much of the world. It is used to produce gasoline, diesel fuel, jet fuel, and other petrochemical products. Isthmus crude oil, in particular, is a type of crude oil that has gained significance in recent years due to its unique properties and production methods.

What is Isthmus Crude Oil?

Isthmus crude oil is a type of heavy, sour crude oil that is produced in Mexico. It is named after the Isthmus of Tehuantepec, a narrow strip of land that separates the Gulf of Mexico from the Pacific Ocean. This type of crude oil is known for its high sulfur content and low gravity, which makes it difficult to refine into gasoline and other products.

Characteristics of Isthmus Crude Oil

Isthmus crude oil is characterized by its high sulfur content, which ranges from 2-4%. This high sulfur content makes it more corrosive and challenging to refine than other types of crude oil. Additionally, its low gravity, which ranges from 18-22 API degrees, makes it less valuable than lighter crude oils with a higher API gravity.

Despite these challenges, Isthmus crude oil is a valuable resource due to its high yield of heavy products like diesel and residual fuel oil. This makes it an important source of fuel for countries in Central and South America, where there is a growing demand for diesel and heavy fuels.

Production of Isthmus Crude Oil

Isthmus crude oil is produced primarily in the Mexican states of Veracruz and Tabasco. It is extracted from the Isthmus-Tehuantepec Basin, which is located in the southeastern part of Mexico.

The production of Isthmus crude oil involves several steps, including exploration, drilling, and refining. Exploration involves identifying potential oil-rich areas and determining the size and quality of the oil deposits. Drilling involves creating wells to access the oil, and refining involves processing the crude oil to produce gasoline, diesel, and other products.

Importance of Isthmus Crude Oil

Isthmus crude oil is an important resource for several reasons. First, it provides a significant source of fuel for countries in Central and South America, where there is a growing demand for diesel and heavy fuels. Second, it provides a valuable source of revenue for Mexico, which is one of the largest oil-producing countries in the world. Finally, the production and refining of Isthmus crude oil creates jobs and economic opportunities in Mexico and the surrounding region.

Conclusion

Isthmus crude oil is a unique and valuable resource that plays an important role in the global energy market. Despite its high sulfur content and low gravity, it provides a significant source of fuel and revenue for countries in Central and South America, and creates economic opportunities in Mexico and the surrounding region. As the demand for diesel and heavy fuels continues to grow, Isthmus crude oil will remain an important resource for the world.

Isthmus Crude Oil: An In-Depth Overview

Crude oil is a crucial resource that powers much of the world. It is used to produce gasoline, diesel fuel, jet fuel, and other petrochemical products. Isthmus crude oil, in particular, is a type of crude oil that has gained significance in recent years due to its unique properties and production methods.

What is Isthmus Crude Oil?

Isthmus crude oil is a type of heavy, sour crude oil that is produced in Mexico. It is named after the Isthmus of Tehuantepec, a narrow strip of land that separates the Gulf of Mexico from the Pacific Ocean. This type of crude oil is known for its high sulfur content and low gravity, which makes it difficult to refine into gasoline and other products.

Characteristics of Isthmus Crude Oil

Isthmus crude oil is characterized by its high sulfur content, which ranges from 2-4%. This high sulfur content makes it more corrosive and challenging to refine than other types of crude oil. Additionally, its low gravity, which ranges from 18-22 API degrees, makes it less valuable than lighter crude oils with a higher API gravity.

Despite these challenges, Isthmus crude oil is a valuable resource due to its high yield of heavy products like diesel and residual fuel oil. This makes it an important source of fuel for countries in Central and South America, where there is a growing demand for diesel and heavy fuels.

Production of Isthmus Crude Oil

Isthmus crude oil is produced primarily in the Mexican states of Veracruz and Tabasco. It is extracted from the Isthmus-Tehuantepec Basin, which is located in the southeastern part of Mexico.

The production of Isthmus crude oil involves several steps, including exploration, drilling, and refining. Exploration involves identifying potential oil-rich areas and determining the size and quality of the oil deposits. Drilling involves creating wells to access the oil, and refining involves processing the crude oil to produce gasoline, diesel, and other products.

Importance of Isthmus Crude Oil

Isthmus crude oil is an important resource for several reasons. First, it provides a significant source of fuel for countries in Central and South America, where there is a growing demand for diesel and heavy fuels. Second, it provides a valuable source of revenue for Mexico, which is one of the largest oil-producing countries in the world. Finally, the production and refining of Isthmus crude oil creates jobs and economic opportunities in Mexico and the surrounding region.

FAQs

What makes Isthmus crude oil unique?

Isthmus crude oil is unique due to its high sulfur content and low gravity, which sets it apart from other types of crude oil.

How is Isthmus crude oil produced?

Isthmus crude oil is produced through a process that involves exploration, drilling, and refining. Exploration involves identifying oil-rich areas, drilling involves creating wells to access the oil, and refining involves processing the crude oil to produce various products.

Where is Isthmus crude oil produced?

Isthmus crude oil is primarily produced in the Mexican states of Veracruz and Tabasco, in the Isthmus-Tehuantepec Basin.

Why is Isthmus crude oil important?

Isthmus crude oil is important because it provides a significant source of fuel for countries in Central and South America, it provides a valuable source of revenue for Mexico, and it creates jobs and economic opportunities in Mexico and the surrounding region.

How does the

Conclusion

In conclusion, Isthmus crude oil is a valuable resource that plays an important role in the energy sector. Its high sulfur content and low gravity make it a unique type of crude oil, and its production and refining provide economic benefits for Mexico and the surrounding region. If you want to learn more about Isthmus crude oil and its properties, you can find additional information at reputable industry websites such as the U.S. Energy Information Administration (EIA) and the Mexican Petroleum Institute (IMP).

By understanding the characteristics and importance of Isthmus crude oil, we can gain a deeper appreciation for the role that this resource plays in powering our world. Whether you are an industry professional or simply curious about the energy sector, learning about Isthmus crude oil is a great starting point for exploring the complex and fascinating world of oil production and refinement.

Max Krutov

Max Krutov

Graduated from MSU, Moscow. Seller CIF.

Buyers and sellers Crude Oil