LightSweetOil.com

Light sweet crude oil is very important to both the United States and China. In June light sweet crude oil prices were up to $73 a barrel, and now in July the price has been lowered to $60.69 a barrel. It is forecasted that Light sweet crude oil will be down another dollar to $59.69. [...]

Due to the many uses of light sweet crude oil, it is one of the most highly traded commodities. This commodity is used in the making of kerosene, jet fuel, diesel fuel and gasoline. Naturally this places light sweet crude oil in high demand the world over. Light sweet crude oil is traded in large [...]

In a modern world, mineral oil is an indispensable product. It is used for petroleum, heating, lubrication, in paints, and in other petrochemical applications such as plastics, road surfacing (bitumen), ripening hormones, chemical feedstocks, detergents, solvents, and many other chemical uses. Without it industry, transport, agriculture, merchandising, and chemical manufacture among others would still be [...]