Energy

WTI runs about 40 API gravity with low sulfur, suited to gasoline refining, and the 1,000 barrel contract delivers into the tank f...

The Brent complex covers Brent, Forties, Oseberg, Ekofisk, and Troll, traded through ICE futures settled in cash against an index,...

US benchmark futures at Henry Hub settle per million British thermal units with winter heating peaks and summer cooling peaks from...

RBOB, reformulated blendstock for oxygenate blending, trades on NYMEX in 42,000 gallon contracts, and the crack spread over crude ...

Distillates run trucks, trains, ships bunkers, and furnaces in the US Northeast, trading in 42,000 gallon contracts at under 15 pa...

Grades split thermal for power plants and metallurgical for steelmaking, with benchmarks at Newcastle for Australian thermal, API ...

Spot prices published by price reporting firms cover a thin marginal market, while utilities lock most supply through multiyear co...

Liquefaction plants, called trains, chill gas into liquid at roughly one six hundredth of its volume, moving it by tanker to regas...

The US Renewable Fuel Standard mandates blending volumes, creating RIN credits that refiners trade to show compliance. Chicago eth...

Jet A trades physically at premiums to gasoil in Rotterdam and Singapore, since airlines hedge with crude, gasoil, or swaps on tho...

Propane sits in the natural gas liquids basket with ethane and butanes, fractionated at Gulf Coast and Alberta hubs. Mont Belvieu ...

Dubai crude, assessed by price reporting agencies, and Oman crude, traded as a futures contract on the Dubai Mercantile Exchange, ...

Residual fuel oil is the heavy remainder of crude refining, sold in grades by viscosity and sulfur content. Shipping is the larges...

Naphtha is a light fraction from crude distillation and condensate splitting, used mainly as feedstock for steam crackers that mak...