Chinese name: high sulfur crude oil
Mbth: sour crude oil
Attribute: crude oil trading varieties
Features: it does not meet the standards of futures contracts.
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Sour crude oil. In the process of commodity futures trading, it refers to crude oil trading varieties that do not meet the standards of futures contracts. The sulfur and hydrogen content of crude oil is higher than the standard required by futures contract.
Crude oil can be divided into low-sulfur crude oil, sulfur-containing crude oil and high-sulfur crude oil according to its sulfur content, and its indexes are as follows
The processing of high-sulfur crude oil is corrosive, and the content of hydrogen sulfide produced by processing is high, which brings high risks to the processing process and the processing cost will rise.
At present, most refineries in China process high-sulfur crude oil. With the deterioration of crude oil and the high price of crude oil, the cost control of crude oil makes refineries have to process a large number of high-sulfur and high-acid crude oil.