Product

Saharan crude oil, also known as Saharan Blend, is a high-quality light sweet crude oil extracted from the West African region. It is named after the Sahara Desert, which is located in the same region. The blend is one of the most popular crude oils in the world, with a high demand from international markets due to its high quality and low sulfur content.

• Characteristics: Saharan Blend crude oil is characterized by its high quality and low sulfur content, which makes it a preferred choice for refining into gasoline, diesel, and jet fuel. The oil is light and sweet, with a low density and low viscosity, which makes it easier to refine compared to other crude oils. The sulfur content of the oil is typically below 0.5%, making it a desirable choice for refineries that need to meet strict environmental regulations.
   
• Production and Market Trends: Saharan Blend crude oil is produced in southern Algeria, with an API of 43.19 degrees and a sulfur content of 0.1%. The oil is exported from the ports of Skikda, Arzew, and Bejaia, and is popular in Europe, India, Australia, Indonesia, and the US, with some demand from China and South Korea too. The demand for Saharan Blend crude oil is rising as refineries look to adjust their slates ahead of the International Maritime Organization’s implementation of a lower marine fuel sulfur cap.

Source: Brave search summarizer, Prompt: 'Saharan Crude Oil', 26^th Dec 2024.