Oklahoma Sour
Oklahoma Sour Price
| Date | Price US$ per bbl | Price US $ per MT | Long Tons | US Gallons,$ |
|---|---|---|---|---|
| 2023-02-16 | $63 | 462 | 469 | 1.5 |
| 2023-02-15 | $63 | 464 | 471 | 1.51 |
| 2023-02-14 | $64 | 467 | 475 | 1.52 |
| 2023-02-13 | $65 | 475 | 482 | 1.54 |
| 2023-02-10 | $64 | 471 | 479 | 1.53 |
| 2023-02-09 | $63 | 460 | 467 | 1.49 |
| 2023-02-08 | $63 | 462 | 469 | 1.5 |
| 2023-02-07 | $62 | 451 | 458 | 1.46 |
| 2023-02-06 | $59 | 429 | 436 | 1.39 |
| 2023-02-03 | $58 | 423 | 430 | 1.37 |
| 2023-02-02 | $60 | 442 | 449 | 1.43 |
| 2023-02-01 | $61 | 447 | 454 | 1.45 |
| 2023-01-31 | $64 | 465 | 473 | 1.51 |
| 2023-01-30 | $63 | 458 | 466 | 1.49 |
| 2023-01-27 | $64 | 471 | 479 | 1.53 |
| 2023-01-26 | $65 | 473 | 481 | 1.54 |
| 2023-01-25 | $65 | 473 | 481 | 1.54 |
| 2023-01-24 | $65 | 473 | 481 | 1.54 |
| 2023-01-19 | $65 | 475 | 482 | 1.54 |
| 2023-01-18 | $64 | 469 | 477 | 1.52 |
| 2023-01-17 | $65 | 473 | 481 | 1.54 |
| 2023-01-13 | $64 | 471 | 479 | 1.53 |
| 2023-01-12 | $63 | 460 | 467 | 1.49 |
| 2023-01-11 | $62 | 454 | 462 | 1.48 |
| 2023-01-10 | $60 | 438 | 445 | 1.42 |
| 2023-01-09 | $77 | 564 | 574 | 1.83 |
| 2023-01-06 | $58 | 427 | 434 | 1.39 |
| 2023-01-05 | $58 | 425 | 432 | 1.38 |
| 2023-01-04 | $57 | 420 | 427 | 1.36 |
| 2023-01-03 | $62 | 451 | 458 | 1.46 |
Oklahoma Sour Historical price
- In 2017 maximum price $46 per bbl (2017-12-28)
- In 2018 maximum price $32 per bbl (2018-12-31)
- In 2019 maximum price $46 per bbl (2019-12-31)
- In 2020 maximum price $33 per bbl (2020-12-31)
- In 2021 maximum price $62 per bbl (2021-12-30)
- In 2022 maximum price $65 per bbl (2022-12-30)
- In 2023 maximum price $63 per bbl (2023-02-16)
Oklahoma Sour Crude Oil: A Comprehensive Guide
Oil is a precious resource that plays a crucial role in fueling the world economy. Oklahoma, a state located in the southern region of the United States, is one of the major oil-producing states in the country. One of the significant types of crude oil produced in Oklahoma is Sour Crude Oil. In this article, we will explore what Oklahoma Sour Crude Oil is, its characteristics, production, and its significance in the global oil market.
What is Oklahoma Sour Crude Oil?
Oklahoma Sour Crude Oil is a type of crude oil that has a high sulfur content, typically over 0.5% sulfur. It is produced in Oklahoma and other regions of the United States. Sour Crude Oil gets its name from its distinct sour or pungent odor, which comes from the high sulfur content.
Characteristics of Oklahoma Sour Crude Oil
Oklahoma Sour Crude Oil has several unique characteristics that set it apart from other types of crude oil. Some of the notable characteristics of Oklahoma Sour Crude Oil are:
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High Sulfur Content: As mentioned earlier, the high sulfur content is what gives Oklahoma Sour Crude Oil its sour odor. The high sulfur content also makes the crude oil more challenging to refine, and the refining process produces more sulfur-containing by-products.
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Lower API Gravity: The API gravity of Oklahoma Sour Crude Oil is lower compared to other types of crude oil, making it thicker and heavier. The API gravity is an essential measure of the density of a crude oil and its suitability for refining into gasoline, diesel, and other petroleum products.
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High Acidic Content: Oklahoma Sour Crude Oil also has a high acidic content, making it more corrosive and challenging to transport through pipelines. The acidic content can cause corrosion and damage to pipelines, making it essential to use specialized materials and coatings for transportation.
Production of Oklahoma Sour Crude Oil
Oklahoma is one of the major oil-producing states in the United States, with a significant portion of its crude oil production coming from Sour Crude Oil. The production of Oklahoma Sour Crude Oil involves drilling wells, extracting the crude oil, and transporting it to the refining facilities.
The production of Oklahoma Sour Crude Oil has increased significantly in recent years due to advancements in drilling technologies and the development of new oil fields. The increased production has made Oklahoma a significant player in the global oil market and has also led to the creation of jobs and economic growth in the state.
Significance of Oklahoma Sour Crude Oil in the Global Oil Market
Oklahoma Sour Crude Oil is an essential component of the global oil market, with its high sulfur content making it ideal for producing gasoline, diesel, and other petroleum products. The crude oil is also in high demand due to its relatively low cost, making it a cost-effective source of fuel for many countries.
The increased production of Oklahoma Sour Crude Oil has also made it easier for the United States to meet its domestic energy needs and has reduced its dependence on foreign oil. The production of Sour Crude Oil in Oklahoma has also led to the development of new refining technologies and the creation of jobs in the state, making it a significant contributor to the state's economy.
Conclusion
In conclusion, Oklahoma Sour Crude Oil is a unique type of crude oil produced in Oklahoma and other regions of the United States. With its high sulfur content, lower API gravity, and high acidic content, Oklahoma Sour Crude Oil has several unique characteristics that set it apart from other types of crude oil. The increased production of Oklahoma Sour Crude Oil has made it a significant player in the global oil market
