Figure 5. Price Difference between Light Crude Oil and Heavy Crude Oil, 1988

Figure 5. Price Difference between Light Crude Oil and Heavy Crude Oil, 1988 - 2001

This figure indicates that the price difference (on a per barrel basis) between light and heavy crude oil has been generally increasing since the mid-1990's. Please call the National Energy Information Center at (202) 586-8800 for additional information.

Note: Light crude oil is defined here as having an API gravity of 40.1 or greater and heavy crude oil is defined as having an API gravity of 20.1 or less.
Source: Energy Information Administration, Petroleum Marketing Monthly, DOE/EIA-0380 (Various issues), Tables 27 and 28.

Last Updated on May 16, 2003.
File name: http://www.eia.doe.gov/emeu/perfpro/ref_pi2/fig5.html
By Financial Analysis Team, Office of Energy Markets and End Use, Energy Information Administration
Email: jon.rasmussen@eia.doe.gov