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light crude
(redirected from Light crude oil)

   Also found in: Wikipedia 0.01 sec.
light crude [′līt ′krüd]
(petroleum engineering)
Crude oil having a high proportion of low-viscosity, low-molecular-weight hydrocarbons.


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Light crude oils yield more light products than heavier fuel oils, which make light crude oils more in demand and thus command higher price.
Since March, oil prices have gained 93% to their recent peak (see chart for light crude oil prices above), which compares favourably to the gains experienced by the Energy Select Sector SPDR Fund (NYSE: XLE, Stock Forum) and the iShares CDN S&P/TSX Capped Energy Index Fund (TSX: T.
The average price of Saudi Arabian light crude oil rose to $46.
 
 
 
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