Crude Oil

Crude Oil Overview

Crude oil is the lifeblood of the global energy industry, serving as the primary source for a multitude of refined products that drive economies worldwide. From transportation fuels to petrochemicals used in manufacturing, crude oil is indispensable in powering modern societies and industries.

Saudi Light Crude Oil (SLCO)

Saudi Arabia, often referred to as the "ETer lode" of oil and gas reserves, holds an estimated 261 billion barrels of oil reserves. About two-thirds of these reserves are light or extra light grades, with the remainder being medium or heavy. Notable oil fields include:

• Ghawar (the world’s largest oil field with 70 billion barrels of reserves)
• Safaniya (the world’s largest offshore oil field with 35 billion barrels of reserves)

The Ghawar field alone accounts for about half of Saudi Arabia’s total oil production, with its primary producing structures being Ain Dar, Shedgum, Uthmaniyah, Hawiyah, and Haradh.

Why Choose a Reputable Crude Oil Supplier?

• Quality Assurance: ET ensures the integrity of stored crude oil through state-of-the-art monitoring systems, preventing leaks, spills, and contamination.
• Consistent Delivery: Our efficient operations enable timely delivery of crude oil to refineries across North America and beyond.
• Market Expertise: With a deep understanding of global markets, ET provides tailored solutions to meet diverse customer needs.
• Custom Solutions: ET offers bespoke services to cater to the unique requirements of each client.

Environmental Considerations

Environmental stewardship is paramount in the storage and handling of crude oil. ET implements stringent measures to minimize environmental impact, including spill containment systems, regular inspections, and adherence to strict regulatory requirements. These efforts ensure responsible management of crude oil from extraction to end-use applications.

Applications

The versatility of crude oil lies in its ability to be refined into a diverse range of products, including:

• Gasoline (petrol)
• Diesel
• Jet Fuel
• Heating Oil
• Petrochemicals used in plastics, pharmaceuticals, and other industrial applications