Sokol
Sokol Price
| Date | Price US$ per bbl | Price US $ per MT | Long Tons | US Gallons,$ |
|---|---|---|---|---|
| 2023-02-17 | $75 | 552 | 562 | 1.79 |
| 2023-02-16 | $77 | 566 | 575 | 1.84 |
| 2023-02-15 | $76 | 559 | 568 | 1.81 |
| 2023-02-14 | $78 | 569 | 579 | 1.85 |
| 2023-02-13 | $77 | 563 | 572 | 1.83 |
| 2023-02-10 | $75 | 553 | 562 | 1.8 |
| 2023-02-09 | $76 | 557 | 566 | 1.81 |
| 2023-02-08 | $75 | 547 | 556 | 1.78 |
| 2023-02-07 | $73 | 535 | 543 | 1.74 |
| 2023-02-06 | $71 | 521 | 530 | 1.69 |
| 2023-02-03 | $73 | 537 | 546 | 1.74 |
| 2023-02-02 | $74 | 544 | 553 | 1.77 |
| 2023-02-01 | $78 | 574 | 583 | 1.86 |
| 2023-01-31 | $77 | 564 | 574 | 1.83 |
| 2023-01-30 | $79 | 579 | 588 | 1.88 |
| 2023-01-27 | $81 | 591 | 601 | 1.92 |
| 2023-01-26 | $79 | 583 | 592 | 1.89 |
| 2023-01-25 | $80 | 586 | 596 | 1.9 |
| 2023-01-24 | $81 | 595 | 605 | 1.93 |
| 2023-01-23 | $81 | 592 | 602 | 1.92 |
| 2023-01-20 | $80 | 585 | 594 | 1.9 |
| 2023-01-19 | $77 | 566 | 576 | 1.84 |
| 2023-01-18 | $80 | 587 | 597 | 1.91 |
| 2023-01-17 | $78 | 572 | 581 | 1.86 |
| 2023-01-16 | $77 | 568 | 577 | 1.84 |
| 2023-01-13 | $76 | 559 | 568 | 1.82 |
| 2023-01-12 | $76 | 554 | 563 | 1.8 |
| 2023-01-11 | $72 | 531 | 539 | 1.72 |
| 2023-01-10 | $72 | 529 | 538 | 1.72 |
| 2023-01-06 | $71 | 524 | 532 | 1.7 |
Sokol Historical price
- In 2017 maximum price $66 per bbl (2017-12-26)
- In 2018 maximum price $53 per bbl (2018-12-26)
- In 2019 maximum price $72 per bbl (2019-12-26)
- In 2020 maximum price $52 per bbl (2020-12-25)
- In 2021 maximum price $78 per bbl (2021-12-24)
- In 2022 maximum price $76 per bbl (2022-12-26)
- In 2023 maximum price $75 per bbl (2023-02-17)
Sokol Crude Oil: An In-Depth Analysis
Crude oil is one of the most important natural resources in the world, and Sokol crude oil is a high-quality grade of this vital energy source. In this article, we'll take a deep dive into what makes Sokol crude oil unique and how it stands out in the global oil market.
What is Sokol Crude Oil?
Sokol crude oil is a type of light, sweet crude oil that is produced in the North Sea. It is characterized by its low sulfur content and high yields of valuable petroleum products, such as gasoline and diesel. This makes Sokol crude oil highly sought after by refiners, as it is easier and more cost-effective to process than heavier, sour crude oils.
The Characteristics of Sokol Crude Oil
Sokol crude oil is a high-quality grade of crude oil that is known for its low sulfur content and high yields of valuable petroleum products. It has a gravity of around 39° API, which is considered light, and a sulfur content of less than 0.5%. This low sulfur content means that it produces fewer harmful emissions when processed, making it an environmentally friendly choice.
In addition to its low sulfur content, Sokol crude oil also has a high yields of gasoline and diesel, making it a valuable feedstock for refineries. This high yield of light, sweet crude oil is one of the reasons why it is so highly prized by the refining industry.
The Benefits of Sokol Crude Oil for Refineries
Sokol crude oil offers several benefits for refineries. The low sulfur content of this crude oil makes it easier and more cost-effective to process than heavier, sour crude oils. This means that refineries can produce more fuel with less waste, leading to increased efficiency and profitability.
In addition, the high yields of gasoline and diesel produced by Sokol crude oil make it a valuable feedstock for refineries. This allows refineries to produce more fuel, which can be sold at a higher price, further increasing their profitability.
Conclusion
Sokol crude oil is a high-quality grade of light, sweet crude oil that is produced in the North Sea. Its low sulfur content and high yields of valuable petroleum products make it a highly sought after feedstock for refineries. By offering increased efficiency and profitability, Sokol crude oil is a valuable resource that will continue to play an important role in the global energy market.
Whether you are a refiner, an oil trader, or simply interested in the energy industry, it's important to understand the unique characteristics and benefits of Sokol crude oil. By doing so, you can stay informed and make informed decisions in this dynamic and constantly evolving market.
Frequently Asked Questions about Sokol Crude Oil
Here are some common questions and answers about Sokol crude oil:
1. Where is Sokol crude oil produced?
Sokol crude oil is produced in the North Sea, off the coast of Norway.
2. What is the API gravity of Sokol crude oil?
Sokol crude oil has an API gravity of around 39°, which is considered a light crude oil.
3. How does Sokol crude oil compare to other crude oils?
Sokol crude oil is a high-quality grade of crude oil that is known for its low sulfur content and high yields of valuable petroleum products. Compared to heavier, sour crude oils, Sokol crude oil is easier and more cost-effective to process, making it a more desirable feedstock for refineries.
4. Is Sokol crude oil more expensive than other crude oils?
The price of Sokol crude oil is determined by supply and demand, just like any other commodity. However, because of its high quality and desirability as a feedstock for refineries, it often commands a higher price than heavier, sour crude oils.
5. How is Sokol crude oil transported?
Sokol crude oil is typically transported by tanker ships, which carry the oil from production facilities in the North Sea to refineries around the world. Once the crude oil arrives at a refinery, it is processed into various petroleum products such as gasoline, diesel, and jet fuel.
Conclusion
Sokol crude oil is a high-quality grade of crude oil that is known for its low sulfur content and high yields of valuable petroleum products. Its unique characteristics and benefits make it a highly sought after feedstock for refineries. Whether you are an investor, trader, or simply interested in the energy industry, understanding the properties and market dynamics of Sokol crude oil can help you make informed decisions in this dynamic and constantly evolving market.
Sources of Information
In writing this article, we have relied on a variety of sources to provide accurate and up-to-date information about Sokol crude oil. Some of the key sources we consulted include:
- The official website of Equinor, the Norwegian energy company that produces Sokol crude oil
- The Energy Information Administration (EIA), a government agency that provides data and analysis on energy markets and trends
- Oil Price Information Service (OPIS), a provider of pricing and news information for the oil and gas industry
