Minas

Minas Price

DatePrice US$ per bblPrice US $ per MTLong TonsUS Gallons,$
2023-02-17$765555641.8
2023-02-16$775675761.84
2023-02-15$765595681.82
2023-02-14$785725821.86
2023-02-13$785705801.85
2023-02-10$775635721.83
2023-02-09$775625711.83
2023-02-08$755465551.77
2023-02-07$745395481.75
2023-02-06$715195271.68
2023-02-03$725265351.71
2023-02-02$735375451.74
2023-02-01$765555641.8
2023-01-31$745405491.76
2023-01-30$755535621.79
2023-01-27$775625711.82
2023-01-26$755495581.78
2023-01-25$745455541.77
2023-01-20$755475561.78
2023-01-19$725275351.71
2023-01-18$755465551.77
2023-01-17$735355441.74
2023-01-16$725285361.71
2023-01-13$725255341.71
2023-01-12$705135211.67
2023-01-11$674925001.6
2023-01-10$674874951.58
2023-01-09$674925001.6
2023-01-06$664834901.57
2023-01-05$654784861.55

Minas Historical price

  • In 2017 maximum price $62 per bbl (2017-12-29)
  • In 2018 maximum price $48 per bbl (2018-12-28)
  • In 2019 maximum price $68 per bbl (2019-12-31)
  • In 2020 maximum price $51 per bbl (2020-12-31)
  • In 2021 maximum price $77 per bbl (2021-12-31)
  • In 2022 maximum price $69 per bbl (2022-12-30)
  • In 2023 maximum price $76 per bbl (2023-02-17)

The Benefits and Importance of Minas Crude Oil

Minas crude oil is a high-quality, low-sulfur crude oil that is produced in Indonesia. It is becoming increasingly popular in the global market due to its numerous benefits and its contribution to the energy industry. In this article, we will explore the benefits of Minas crude oil and its importance to the world.

What is Minas Crude Oil

Minas crude oil is a type of crude oil that is extracted from the Minas field in Indonesia. It is a high-quality, low-sulfur crude oil that is known for its high yield of gasoline and diesel fuels. The crude oil is also rich in naphtha, which is a primary ingredient in the production of petrochemical products such as plastics, synthetic rubber, and fertilizers.

Advantages of Minas Crude Oil

  1. High-Quality Crude Oil: Minas crude oil is a high-quality, low-sulfur crude oil that is preferred by refineries due to its low levels of impurities. This makes it easier and more cost-effective for refineries to produce gasoline and diesel fuels, as well as petrochemical products.

  2. Abundant Supply: Indonesia is one of the largest producers of crude oil in the world, and the Minas field is one of the largest in the country. This means that there is an abundant supply of Minas crude oil, which helps to ensure a stable and consistent supply to the global market.

  3. Versatile Crude Oil: Minas crude oil is a versatile crude oil that is suitable for a wide range of applications. Its high yield of gasoline and diesel fuels, as well as its high-quality naphtha, make it an attractive option for refineries and petrochemical companies.

The Importance of Minas Crude Oil to the Energy Industry

Minas crude oil is a critical component of the energy industry. It provides a reliable source of high-quality crude oil that is used to produce gasoline and diesel fuels, as well as petrochemical products. The abundant supply of Minas crude oil also helps to ensure that there is a stable and consistent supply of these products to the global market.

In addition, the production and export of Minas crude oil also helps to support the Indonesian economy and provides jobs for local communities. This, in turn, contributes to the overall development of the country and the region.

Conclusion

Minas crude oil is a high-quality, low-sulfur crude oil that is becoming increasingly popular in the global market due to its numerous benefits and its contribution to the energy industry. Its high yield of gasoline and diesel fuels, as well as its high-quality naphtha, make it a versatile and attractive option for refineries and petrochemical companies. The abundant supply of Minas crude oil also helps to ensure a stable and consistent supply of these products to the global market, which is essential to the growth and development of the energy industry.

Frequently Asked Questions about Minas Crude Oil

  1. What is Minas Crude Oil? Minas crude oil is a type of crude oil that is extracted from the Minas field in Indonesia. It is a high-quality, low-sulfur crude oil that is known for its high yield of gasoline and diesel fuels, as well as its rich naphtha content.

  2. Why is Minas Crude Oil becoming popular? Minas crude oil is becoming increasingly popular due to its numerous benefits and its contribution to the energy industry. Its high quality, low sulfur content, and abundant supply make it a preferred option for refineries and petrochemical companies.

  3. What are the benefits of Minas Crude Oil? Minas crude oil has several benefits, including its high quality, low sulfur content, abundant supply, and versatility as a source of gasoline, diesel fuels, and petrochemical products.

  4. How does Minas Crude Oil contribute to the energy industry? Minas crude oil provides a reliable source of high-quality crude oil that is used to produce gasoline and diesel fuels, as well as petrochemical products. Its abundant supply helps to ensure a stable and consistent supply of these products to the global market.

  5. How does the production and export of Minas Crude Oil benefit Indonesia? The production and export of Minas crude oil help to support the Indonesian economy and provide jobs for local communities. This, in turn, contributes to the overall development of the country and the region.

Conclusion

Minas crude oil is an important component of the energy industry, providing a reliable and high-quality source of crude oil for the production of gasoline, diesel fuels, and petrochemical products. Its abundant supply and numerous benefits make it a preferred option for refineries and petrochemical companies. If you have any further questions about Minas crude oil, feel free to reach out to industry experts for more information.

Max Krutov

Max Krutov

Graduated from MSU, Moscow. Seller CIF.

Buyers and sellers Crude Oil