I would like to know on how I can buy crude oil and what should be the properties of crude oil I would check?

My aim of this question is to know on what are the crude properties which I should conctentrate while buying





How to convert Barrels into million metric ton


What are the average crude oil cost in following countries.


1) Russia


2)Saudi


3)Yemen


4)Venezuela


5)Brazil


6)KuwaitI would like to know on how I can buy crude oil and what should be the properties of crude oil I would check?
I don't know about the prices, but I can tell you some of the properties. It depends on what you're trying to do with the oil. If you want to refine it into light products like kerosene, gasoline, etc., then you want a light crude. Louisiana has light sweet crude. Usually there is more of a demand for lighter crude oils because they are much easier to refine. Other props to look for are water content, sediment content, salts content (sodium, potassium, etc.), silicon, arsenic, lead, mercury. You would want all those levels to be very low.


The heavier crudes can be refined, but many countries do not have the refinery capability to handle theh heavier crudes, such as the crude sold by Venezuala.


I work in a petroleum lab and we have a book that is full of helpful ltables that converts barrels, gallons, metric tons, imperial gallons and a ton of other conversions. It is put out by ASTM. You could probably find one on Amazon. The only thing you would need is an instrument to calculate the density or you could contract that work out to a lab like the one I work for. Hope this helps.I would like to know on how I can buy crude oil and what should be the properties of crude oil I would check?
Saudi, Yemen and Kuwait are members of OPEC and their prices are the same, most other oil producing countires also set their prices at the same levels for exporting.
You forgot Nigeria, why not contact one of the gangs in Nigeria and they will cut you a SWEET deal.





How to convert barrels into million metric tons? yeah right.





With your knowledge of the oil industry, you can't fail to make some serious money.
Hello,





This is an interesting question in my opinion, (ANS) I have a strong feeling that you cannot actually buy crude oil yourself.





Crude Oil is seen as a commodity ( a raw material) and as such its a substance that is traded, its traded on a global oil market just like stocks %26amp; shares. Often the companies involved in oil %26amp; gas exploration are the same companies involved in the refining process.





**Crude Oil has a wide range of qualities, its quite a complex subject in itself. Things like a) Viscosity i.e. how thick or how runny b) What % of volitile chemicals it contains i.e. how flamible c) smell i.e. this tells you alot about the characteristics of the oil too. d) Colour and so forth.





**You can go to a firm %26amp; buy %26amp; sell (trade) oil %26amp; gas stocks %26amp; shares, you can buy %26amp; sell stocks %26amp; shares in the oil %26amp; gas companies (for example BP, Shell,etc).





**A barrel of crude is the basic unit which is traded.





**For the various crude oil prices per barrel from different sources %26amp; countries you would need to look on the global oil %26amp; gas stock market information.





**Try the following website http://www.oil.com/





**Run a search via Google or Yahoo using the following key words ';Oil %26amp; Gas Market information'; that should give you a good starting point.





IR
There is several type, described by sweet and color. The price is dependent on spot price that you can find inany business news network or your paper. All the countries are about the same if you can buy it. SOme may charge more than the spot price, infact I can guarantee since they don't know you. Plus there is probably other charges like delivery or something. Crude is probably useless unless you have a refinery, and I guarantee you don't. Unlesss your a large oil company, you would just waste all the other fine products Crude can give you, like petroleum jelly and petroleum ether.