differential between light and heavy crude oil prices.

Canada produces and exports both light and heavy crude oil grades.

The following simplified chart shows historical WTI crude oil (NYMEX:CL1!) prices.

In Western Canada and Ontario, more than 60% of the crude oil processed by refiners is either conventional light, sweet crude oil or high quality synthetic crude oil.

It's able to process sweet crude oil and a smaller amount of sour crude oil.

There are varying thresholds for the line between light and medium crude oils.

... liquids between Superior, Wisconsin, and Sarnia, Ontario.

First, it helps insulate us from movements in the light-heavy crude differential.

The only crude oil that more or less matches these percentages before refining is Algeria’s light Saharan Blend.

The Agip Abruzzo had 80,000 tonnes of light Iranian crude in its tanks.

Table A3.9 Supply and Disposition of Light Domestic Crude Oil and Equivalent, Canada

The new refinery has been designed to process varieties of crude from sweet to light crude sourced both locally, and abroad.

The new refinery has been designed to process varieties of crude from sweet to light crude sourced both locally, and abroad.

Currently Canadian Light crude is USD$7.2 less than Brent.

The oil produced from this field is a waxy light crude (43° API).