Crude oil with a low sulphur content (typically below 0.5%), which is easier and less costly to refine. Sweet crudes generally command a premium over sour crudes. Brent and WTI are both sweet crude benchmarks.
Crude oil with a low sulphur content (typically below 0.5%), which is easier and less costly to refine. Sweet crudes generally command a premium over sour crudes. Brent and WTI are both sweet crude benchmarks.