Crude Oil Price Differentials and Differences in Oil Qualities : A Statistical Analysis
This report updates and extends previous work by a statistical analysis of the relationship between crude price differentials and three quality differentials, as well as transport costs and seasonal effects. In addition to the API (American Petrole...
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| Format: | ESMAP Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2005/10/6544056/crude-oil-price-differentials-differences-oil-qualities-statistical-analysis http://hdl.handle.net/10986/18006 |
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okr-10986-180062021-04-23T14:03:38Z Crude Oil Price Differentials and Differences in Oil Qualities : A Statistical Analysis Bacon, Robert Tordo, Silvana AVERAGE PRICE AVERAGE PRICES BARREL CAPACITY UTILIZATION CRUDE IMPORTS CRUDE MARKETS CRUDE OIL CRUDE OIL MARKET CRUDE OIL PRICE CRUDE OIL PRICES CRUDE OIL PRICING CRUDE OILS CRUDE PRICE CRUDE PRICES DEMAND FUNCTION DISTILLATION ENERGY MARKETS ENERGY PLANNERS EXPENDITURE FORWARD PRICE FORWARD PRICES FOSSIL FUELS FUEL GASOLINE GLOBAL OIL PRODUCTION HEAVY CRUDE HYDROCARBONS HYDROGEN SULFIDE IMPORT INTERNATIONAL MARKET MARKET CONDITIONS MARKET DEVELOPMENT MARKET DEVELOPMENTS MARKET TRENDS MILLION BARRELS MONTHLY AVERAGE PRICES OIL AND GAS OIL IMPORTS OIL INDUSTRY OIL PRICE LEVEL OIL PRICING OIL PRODUCTION OIL REVENUES OIL TRADERS OPEC PETROLEUM PETROLEUM PRODUCTS POLLUTION PRICE PRICE ADJUSTMENTS PRICE FORECAST PRICE INCREASES PRICE LEVEL PRICE LEVELS PRICE OF OIL PRICE VOLATILITY PRICES OF CRUDES REFINERIES REFINERY REFINING REGRESSION ANALYSIS SALE SEASONAL VARIATION SPOT PRICES SPREAD STREAM SULFUR SULFUR COMPOUNDS SULFUR CONTENT WEST EUROPE WORLD MARKET This report updates and extends previous work by a statistical analysis of the relationship between crude price differentials and three quality differentials, as well as transport costs and seasonal effects. In addition to the API (American Petroleum Institute) gravity number and the sulfur content of the crudes, which are the qualities generally included in existing analysis, the report presents the impact of acidity (measured by the Total Acid Number - TAN) on the price differential. This is because acidity has become increasingly important as the volume of high acid crudes, particularly from West Africa, has steadily increased in recent years. 2014-04-22T20:47:15Z 2014-04-22T20:47:15Z 2005-10 http://documents.worldbank.org/curated/en/2005/10/6544056/crude-oil-price-differentials-differences-oil-qualities-statistical-analysis http://hdl.handle.net/10986/18006 English en_US ESMAP technical paper;no. 81 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: ESMAP Paper Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AVERAGE PRICE AVERAGE PRICES BARREL CAPACITY UTILIZATION CRUDE IMPORTS CRUDE MARKETS CRUDE OIL CRUDE OIL MARKET CRUDE OIL PRICE CRUDE OIL PRICES CRUDE OIL PRICING CRUDE OILS CRUDE PRICE CRUDE PRICES DEMAND FUNCTION DISTILLATION ENERGY MARKETS ENERGY PLANNERS EXPENDITURE FORWARD PRICE FORWARD PRICES FOSSIL FUELS FUEL GASOLINE GLOBAL OIL PRODUCTION HEAVY CRUDE HYDROCARBONS HYDROGEN SULFIDE IMPORT INTERNATIONAL MARKET MARKET CONDITIONS MARKET DEVELOPMENT MARKET DEVELOPMENTS MARKET TRENDS MILLION BARRELS MONTHLY AVERAGE PRICES OIL AND GAS OIL IMPORTS OIL INDUSTRY OIL PRICE LEVEL OIL PRICING OIL PRODUCTION OIL REVENUES OIL TRADERS OPEC PETROLEUM PETROLEUM PRODUCTS POLLUTION PRICE PRICE ADJUSTMENTS PRICE FORECAST PRICE INCREASES PRICE LEVEL PRICE LEVELS PRICE OF OIL PRICE VOLATILITY PRICES OF CRUDES REFINERIES REFINERY REFINING REGRESSION ANALYSIS SALE SEASONAL VARIATION SPOT PRICES SPREAD STREAM SULFUR SULFUR COMPOUNDS SULFUR CONTENT WEST EUROPE WORLD MARKET |
| spellingShingle |
AVERAGE PRICE AVERAGE PRICES BARREL CAPACITY UTILIZATION CRUDE IMPORTS CRUDE MARKETS CRUDE OIL CRUDE OIL MARKET CRUDE OIL PRICE CRUDE OIL PRICES CRUDE OIL PRICING CRUDE OILS CRUDE PRICE CRUDE PRICES DEMAND FUNCTION DISTILLATION ENERGY MARKETS ENERGY PLANNERS EXPENDITURE FORWARD PRICE FORWARD PRICES FOSSIL FUELS FUEL GASOLINE GLOBAL OIL PRODUCTION HEAVY CRUDE HYDROCARBONS HYDROGEN SULFIDE IMPORT INTERNATIONAL MARKET MARKET CONDITIONS MARKET DEVELOPMENT MARKET DEVELOPMENTS MARKET TRENDS MILLION BARRELS MONTHLY AVERAGE PRICES OIL AND GAS OIL IMPORTS OIL INDUSTRY OIL PRICE LEVEL OIL PRICING OIL PRODUCTION OIL REVENUES OIL TRADERS OPEC PETROLEUM PETROLEUM PRODUCTS POLLUTION PRICE PRICE ADJUSTMENTS PRICE FORECAST PRICE INCREASES PRICE LEVEL PRICE LEVELS PRICE OF OIL PRICE VOLATILITY PRICES OF CRUDES REFINERIES REFINERY REFINING REGRESSION ANALYSIS SALE SEASONAL VARIATION SPOT PRICES SPREAD STREAM SULFUR SULFUR COMPOUNDS SULFUR CONTENT WEST EUROPE WORLD MARKET Bacon, Robert Tordo, Silvana Crude Oil Price Differentials and Differences in Oil Qualities : A Statistical Analysis |
| relation |
ESMAP technical paper;no. 81 |
| description |
This report updates and extends previous
work by a statistical analysis of the relationship between
crude price differentials and three quality differentials,
as well as transport costs and seasonal effects. In addition
to the API (American Petroleum Institute) gravity number and
the sulfur content of the crudes, which are the qualities
generally included in existing analysis, the report presents
the impact of acidity (measured by the Total Acid Number -
TAN) on the price differential. This is because acidity has
become increasingly important as the volume of high acid
crudes, particularly from West Africa, has steadily
increased in recent years. |
| format |
Publications & Research :: ESMAP Paper |
| author |
Bacon, Robert Tordo, Silvana |
| author_facet |
Bacon, Robert Tordo, Silvana |
| author_sort |
Bacon, Robert |
| title |
Crude Oil Price Differentials and Differences in Oil Qualities : A Statistical Analysis |
| title_short |
Crude Oil Price Differentials and Differences in Oil Qualities : A Statistical Analysis |
| title_full |
Crude Oil Price Differentials and Differences in Oil Qualities : A Statistical Analysis |
| title_fullStr |
Crude Oil Price Differentials and Differences in Oil Qualities : A Statistical Analysis |
| title_full_unstemmed |
Crude Oil Price Differentials and Differences in Oil Qualities : A Statistical Analysis |
| title_sort |
crude oil price differentials and differences in oil qualities : a statistical analysis |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2005/10/6544056/crude-oil-price-differentials-differences-oil-qualities-statistical-analysis http://hdl.handle.net/10986/18006 |
| _version_ |
1764437483352752128 |