Light Crude Oil Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
OILD | C | ProShares UltraPro 3x Short Crude Oil ETF | 4.87 | |
OILU | F | ProShares UltraPro 3x Crude Oil ETF | -5.29 |
Related Industries:
Related Industries:
- Light Crude Oil
Light crude oil is liquid petroleum that has a low density and flows freely at room temperature. It has a low viscosity, low specific gravity and high API gravity due to the presence of a high proportion of light hydrocarbon fractions. It generally has a low wax content. Light crude oil receives a higher price than heavy crude oil on commodity markets because it produces a higher percentage of gasoline and diesel fuel when converted into products by an oil refinery.
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