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Quantitative Finance · Glossary

What is Sweet crude, sour crude?

Also known as: sweet crude · sour crude

Definition 2.2 Markets III: Commodities, Energy and Crypto · Chapter 2 — Crude Oil

A crude oil is sweet crude if its sulphur content is low, conventionally below 0.5% by weight, and sour crude if it is higher. (The US Energy Information Administration’s statistics use a 1% threshold.)

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