What is the HS Code for crude oil?
15151100
HS Code 15151100 | Harmonized System Code Crude Oil.
What is the API of Bonny Light crude oil?
Crude grades
| Crude | API | Source |
|---|---|---|
| Bonito | 33.5 | US |
| Bonny Light | 34.5 | Nigeria |
| Bow River | 24.7 | Canada |
| Brass River | 36.5 | Nigeria |
Who buys Bonny Light crude oil?
Binh Son Refining
Vietnam’s state-owned Binh Son Refining (BSR) has bought light sweet US WTI and Nigerian Bonny light crude for delivery to its 145,000 b/d Dung Quat refinery over 15 October-31 December.
How much is Nigeria Bonny Light crude oil?
Oil Market: Price of Nigeria’s Bonny Light hovers at $71.73 per barrel.
What is the HS code for olive oil?
150990
U.S. Import and Export Data Olive Oil/fractions, Refined But Not Chem Modified HS Code 150990.
Does Bonny have crude oil?
Bonny Light Crude Oil (BLCO) is a high grade of Nigerian crude oil produced in the Niger Delta basin and named after the city of Bonny. The Nigeria National Petroleum Corporation (NNPC) is the official source for BLCO.
Who has the best crude oil in the world?
The United States
The United States is the top oil-producing country in the world, with an average of 19.47 million barrels per day (b/d), which accounts for 19% of the world’s production. 1 The U.S. has held the top spot for the past six years.
What is Bonny Light crude oil used for?
Nigerian Bonny light crude oil (BLCO) is commonly used by the local population in folklore medicine for the management of various forms of gastrointestinal problems and male reproductive capacity.
Where does BLCO Bonny Light crude oil come from?
BLCO Bonny Light crude oil is a high grade of Nigerian crude oil produced in the Niger Delta basin and named after the prolific region around the city of Bonny.
Why is Bonny Light crude oil a good grade?
The very low sulfur content of Bonny Light crude makes it a highly desired grade of crude oil due to its low corrosiveness to refinery infrastructure and the lower environmental impact of its byproducts. We operate in a tri-lateral position with the Seller and the Buyer.
What’s the current price of Bonny Light oil?
Bonny Light Historical Price. Historical Prices Available since Sep, 2017. Price Date. Price. Unit. 05 Dec 2017. 57.97. $US/Barrel.
How many barrels of oil are in Bonny terminal?
The Buyer desires to purchase Crude Oil of Nigeria Origin (BLCO). c.Seller hereby offers for sale on CIF Basis, from Bonny Terminal, Nigeria, Bonny Light Crude Oil in lots of 2,000,000 BBLS (Two Million Barrels) ±10% per month for twelve (12) months plus mutually agreed extensions and rollovers. d.