What is Crude oil and types of Crude oil: Crude Oil Advisory

Crude oil is a liquid fuel located in underground. It is extracted through drilling. Crude oil is a mixture of volatile liquid hydrocarbons and it also contains some nitrogen, sulfur, and oxygen. Those elements form a large variety of complex molecular structures, some of which cannot be easily identified. If you want to get the then crude oil advisory is .

Types of crude oil

There are four types of crude oil that are as follows:

· Very light oil

This type tends to be very volatile, evaporating in just a few days which makes it less toxic.

· Light oils

These embrace Grade one and Grade two fuel oils, diesel fuel oils as well as most domestic fuel oils. They are both moderately volatile and toxic.

· Medium oils

Medium crude oil is usually found in Gulf countries. Various chemicals can be derived from the liquid, including sulfur, petroleum coke, and petrochemicals. Besides the products directly derived from the oil, there are over 6000 items derived from petroleum byproducts.

· Heavy fuel oils

These embrace the heaviest Grade 3,4,5 and 6 fuel oils. These are the most vicious and least volatile Crude Oils as well as the most toxic.

Products made from crude oil

After crude oil is removed from the bottom, it is sent to a refinery where different parts of the crude oil are separated into usable petroleum products. These petroleum products include gasoline, heating oil, jet fuel, petrochemical feedstocks, waxes, lubricating oils, and asphalt.

It is a major component in the manufacturing of:

· Plastics Synthetic textiles (acrylic, nylon, spandex, polyester)

· Fertilizer Computers Cosmetics

· SteelOil is used for transportation, petroleum products, and plastics.

Crude Oil Advisory is . They provide innovative tips for MCX trading and updating the information in commodity markets. You can get more MCX Crude Oil Tips today and regularly from experts.