Tapis (Malaysia)
Tapis (Malaysia) Price
| Date | Price US$ per bbl | Price US $ per MT | Long Tons | US Gallons,$ |
|---|---|---|---|---|
| 2023-02-17 | $86 | 629 | 639 | 2.04 |
| 2023-02-16 | $88 | 644 | 655 | 2.09 |
| 2023-02-15 | $87 | 636 | 647 | 2.07 |
| 2023-02-14 | $88 | 648 | 658 | 2.1 |
| 2023-02-13 | $88 | 645 | 655 | 2.09 |
| 2023-02-10 | $87 | 640 | 650 | 2.08 |
| 2023-02-09 | $88 | 641 | 652 | 2.08 |
| 2023-02-08 | $86 | 632 | 642 | 2.05 |
| 2023-02-07 | $85 | 622 | 632 | 2.02 |
| 2023-02-06 | $83 | 608 | 618 | 1.97 |
| 2023-02-03 | $85 | 620 | 631 | 2.02 |
| 2023-02-02 | $86 | 627 | 637 | 2.04 |
| 2023-02-01 | $88 | 648 | 659 | 2.11 |
| 2023-01-31 | $87 | 635 | 645 | 2.06 |
| 2023-01-30 | $89 | 650 | 660 | 2.11 |
| 2023-01-27 | $91 | 665 | 676 | 2.16 |
| 2023-01-26 | $89 | 652 | 663 | 2.12 |
| 2023-01-25 | $89 | 652 | 663 | 2.12 |
| 2023-01-20 | $89 | 655 | 666 | 2.13 |
| 2023-01-19 | $87 | 639 | 650 | 2.08 |
| 2023-01-18 | $89 | 653 | 663 | 2.12 |
| 2023-01-17 | $88 | 642 | 652 | 2.08 |
| 2023-01-16 | $87 | 638 | 648 | 2.07 |
| 2023-01-13 | $87 | 635 | 645 | 2.06 |
| 2023-01-12 | $85 | 623 | 633 | 2.02 |
| 2023-01-11 | $82 | 604 | 614 | 1.96 |
| 2023-01-10 | $82 | 600 | 610 | 1.95 |
| 2023-01-09 | $83 | 609 | 619 | 1.98 |
| 2023-01-06 | $81 | 595 | 604 | 1.93 |
| 2023-01-05 | $81 | 593 | 603 | 1.93 |
Tapis (Malaysia) Historical price
- In 2017 maximum price $69 per bbl (2017-12-29)
- In 2018 maximum price $57 per bbl (2018-12-28)
- In 2019 maximum price $74 per bbl (2019-12-31)
- In 2020 maximum price $52 per bbl (2020-12-31)
- In 2021 maximum price $83 per bbl (2021-12-31)
- In 2022 maximum price $86 per bbl (2022-12-30)
- In 2023 maximum price $86 per bbl (2023-02-17)
Understanding Tapis (Malaysia) Crude Oil
Crude oil is a vital component of the global energy mix, and it is a key driver of the world's economy. With the increasing demand for energy, it is imperative to have a stable and reliable supply of crude oil to meet the growing needs of the world. One of the most important sources of crude oil is Tapis (Malaysia) crude oil, which has gained a reputation for its high quality and reliability.
What is Tapis (Malaysia) Crude Oil?
Tapis (Malaysia) crude oil is a type of crude oil that is produced in Malaysia. It is known for its high quality, as it has a low sulfur content and a high yield of high-value products such as gasoline and diesel. Additionally, it is also favored for its consistency, making it a reliable source of crude oil for many countries around the world.
Why is Tapis (Malaysia) Crude Oil so Popular?
There are several reasons why Tapis (Malaysia) crude oil is so popular. Firstly, it has a low sulfur content, which means that it produces fewer pollutants when refined. This is important because air pollution is a major problem in many parts of the world, and reducing the amount of pollutants produced during refining helps to mitigate this issue.
Secondly, Tapis (Malaysia) crude oil has a high yield of high-value products such as gasoline and diesel. This means that refineries can produce more of these products per barrel of crude oil, making it a cost-effective option for many countries.
Lastly, Tapis (Malaysia) crude oil is also favored for its consistency. This is important because the quality of crude oil can vary greatly, and consistency helps to ensure that refineries can operate at optimal levels.
How is Tapis (Malaysia) Crude Oil Produced?
Tapis (Malaysia) crude oil is produced from the offshore oil fields located in the South China Sea. The crude oil is then transported to refineries located in Malaysia and other countries, where it is processed and refined into a variety of products.
The production of Tapis (Malaysia) crude oil involves several stages, including exploration, drilling, and production. During the exploration stage, oil companies use advanced technology to search for new oil fields and determine their size and potential. Once a new oil field is discovered, the drilling stage begins, where wells are drilled to extract the crude oil. Finally, during the production stage, the crude oil is extracted from the wells and transported to refineries for processing.
Conclusion
Tapis (Malaysia) crude oil is a high-quality source of crude oil that has gained a reputation for its low sulfur content, high yield of high-value products, and consistency. With the growing demand for energy, it is important to have a stable and reliable supply of crude oil, and Tapis (Malaysia) crude oil is an important contributor to meeting this demand. The production of Tapis (Malaysia) crude oil is a complex process, involving several stages, but it is essential to ensure that the world has access to the energy it needs to continue growing and developing.
Understanding Tapis (Malaysia) Crude Oil
Crude oil is a vital component of the global energy mix, and it is a key driver of the world's economy. With the increasing demand for energy, it is imperative to have a stable and reliable supply of crude oil to meet the growing needs of the world. One of the most important sources of crude oil is Tapis (Malaysia) crude oil, which has gained a reputation for its high quality and reliability.
What is Tapis (Malaysia) Crude Oil?
Tapis (Malaysia) crude oil is a type of crude oil that is produced in Malaysia. It is known for its high quality, as it has a low sulfur content and a high yield of high-value products such as gasoline and diesel. Additionally, it is also favored for its consistency, making it a reliable source of crude oil for many countries around the world.
Why is Tapis (Malaysia) Crude Oil so Popular?
There are several reasons why Tapis (Malaysia) crude oil is so popular. Firstly, it has a low sulfur content, which means that it produces fewer pollutants when refined. This is important because air pollution is a major problem in many parts of the world, and reducing the amount of pollutants produced during refining helps to mitigate this issue.
Secondly, Tapis (Malaysia) crude oil has a high yield of high-value products such as gasoline and diesel. This means that refineries can produce more of these products per barrel of crude oil, making it a cost-effective option for many countries.
Lastly, Tapis (Malaysia) crude oil is also favored for its consistency. This is important because the quality of crude oil can vary greatly, and consistency helps to ensure that refineries can operate at optimal levels.
How is Tapis (Malaysia) Crude Oil Produced?
Tapis (Malaysia) crude oil is produced from the offshore oil fields located in the South China Sea. The crude oil is then transported to refineries located in Malaysia and other countries, where it is processed and refined into a variety of products.
The production of Tapis (Malaysia) crude oil involves several stages, including exploration, drilling, and production. During the exploration stage, oil companies use advanced technology to search for new oil fields and determine their size and potential. Once a new oil field is discovered, the drilling stage begins, where wells are drilled to extract the crude oil. Finally, during the production stage, the crude oil is extracted from the wells and transported to refineries for processing.
FAQs About Tapis (Malaysia) Crude Oil
Here are some frequently asked questions about Tapis (Malaysia) crude oil:
1. What is the API gravity of Tapis (Malaysia) crude oil?
The API gravity of Tapis (Malaysia) crude oil ranges from 39 to 40 degrees, making it a light crude oil.
2. How is Tapis (Malaysia) crude oil transported to refineries?
Tapis (Malaysia) crude oil is transported via pipelines or by tanker ships to refineries located in Malaysia and other countries.
3. What is the price of Tapis (Malaysia) crude oil?
The price of Tapis (Malaysia) crude oil varies depending on market conditions, supply and demand, and other factors. It is typically priced at a premium to other crude oils due to its high quality and consistency.
4. What are the environmental impacts of producing Tapis (Malaysia) crude oil?
The production of Tapis (Malaysia) crude oil can have environmental impacts, such as the release of greenhouse gases during the production and refining process. However, efforts are being
made to minimize these impacts through the use of advanced technology and best practices.
5. Where can I find more information about Tapis (Malaysia) crude oil?
There are many reliable sources of information about Tapis (Malaysia) crude oil, including industry publications, government reports, and news articles. Here are some reputable sources to explore:
- The Malaysian Petroleum Resources Corporation (MPRC) provides information about the Malaysian oil and gas industry, including Tapis (Malaysia) crude oil.
- The Energy Information Administration (EIA) is a US government agency that provides data and analysis about energy markets, including crude oil.
- Platts is a leading provider of energy and commodities information, including pricing and analysis of crude oil markets.
Conclusion
In conclusion, Tapis (Malaysia) crude oil is a valuable and reliable source of crude oil for many countries around the world. Its high quality, consistency, and low sulfur content make it an attractive option for refineries, and it has gained a reputation as a premium crude oil. While the production of Tapis (Malaysia) crude oil can have environmental impacts, efforts are being made to minimize these impacts through the use of advanced technology and best practices.
If you are interested in learning more about Tapis (Malaysia) crude oil, there are many reputable sources of information available. By staying informed about this important commodity, you can gain a better understanding of the global energy market and the role that crude oil plays in it.
