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Aug 27, 2019 (HTF Market Intelligence via COMTEX) -- AMA recently published a detailed study of over 180+ pages in its repository on 'Light Crude Oil' market covering interesting aspects of market with supporting development scenario till 2025. The study provides market size break-up by revenue and volume* for emerging countries and important business segments along with commentary on trending factors, growth drivers. Profiled players in study from the coverage used under bottom-up approach are Hess (United States),ConocoPhillips (United States),Noble Energy (United States),Devon Energy (United States),BP (United Kingdom),Royal Dutch Shell (Netherlands),Sinopec (China),Marathon Oil (United States),Husky Energy (Canada),Suncor Energy (Canada).

Light Crude Oil consists of light hydrocarbon fractions and flows freely at room temperature. It also has low density and low wax. As compared to heavy crude oil, light oil receives higher price as it converts into larger amount of gasoline and diesel fuel. National board of Canada has defined the crude oil having density less than 875.7kg/m3. Whereas The New York Mercantile Exchange (NYMEX) has defined it as having API between 840 kg/m3 to 816 kg/m3. Due to the rise in petroleum based machineries the market is growing

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Market Segmentation

by Type (The Very Light Oils, Light Oils, Others), Application (Automobile, Mining, Agriculture, Others)

What's Trending in Market:

Technological Advancements are Being Made

Growth Drivers:

Features Such as Larger Conversion into Gasoline and Diesel Fuel

Increasing Production of Oil Based Machineries


Limited Raw Material Available

High Costs Associated with the Product

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Country level Break-up includes:

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic, Others)

Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa, Others)

Major Highlights of TOC:

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