Argus Sour Crude Index: related pages

Brent crude
The accepted world benchmark crude oil which is used to price two thirds of the world's internationally traded crude oil supplies.
OPEC basket price
A basket of seven crude oil prices, to which OPEC has tied its production activity.
Proven oil reserves
Oil reserves are those that are known to exist and be exploitable to a high degree of certainty.
Probable oil reserves
Unproven oil reserves which have a better than 50% chance of being technically and commercially producible.
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