Recent growth in U.S. crude oil production has been primarily light, sweet crude oil, defined as having an API gravity of 35 or higher and sulfur content of 0.3% or less. These light, sweet crudes, which are produced from tight resource formations, accounted for nearly 90% of the 3.1 million barrel per day (b/d) growth in production from 2010 to 2017. Source: Today in Energy – U.S. crude oil production growth projected to be led by light, sweet crude oil
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Source: CTRM Center