June Goh
@JuneGoh_Sparta
Senior Oil Market Analyst for Sparta Commodities. Seasoned oil professional, with roles spanning Refining, Trading & Strategy in Shell. Views are my own.
Joined August 2024
93 Following 19.8K Followers
For all the oil enthusiasts out there, this was a post breaking down multiple other confusing terminology in our markets.
Terminology in the oil industry is always bewildering.
For example:
Arab Light crude is not really a light crude
API can mean
A) a measure of oil density
B) American Petroleum Institute
C) Application Programming Interface
Crackers can mean
A) catalytic crackers (FCCs, RFCCs)
B) steam crackers (for petchem)
Condensate can mean
A) a very light crude
B) water produced in the heating process of boilers
Anything more to add?
#oott#
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