LightSweetOil.com

Light sweet crude oil prices today are on the rise again. People across the United States easily remember what happened to us last summer. The price of gas rose above $4.50 per gallon in many areas and some gas stations actually ran out of gas. We had many instances of gas price gouging as well. [...]

Today’s Oil Price has been developed to help consumers track current oil and gas prices. The crude oil price is now 57.96 dollars a barrel, Crude oil is the world’s most actively traded commodity. Over the past decade. Sweet (low-sulfur) crude oil futures contract has become the world’s most liquid forum for crude oil trading, [...]

The term light sweet crude oil, defines the kind of crude oil that is used in the making of gasoline, kerosene, heating oil, jet fuel and diesel fuel. It contains very little sulfur, has a low density and is known to have a sweet taste and pleasant smell. Given that it has so many uses, [...]