Light Crude Oil market was valued at approximately US$ 1.86 trillion in 2024 and is projected to reach US$ 3.02 trillion by 2032, exhibiting a CAGR of 3.5% during the forecast period.
Light crude oil, characterized by its API gravity above 31.1° and low sulfur content, is prized for its efficient refining into high-value products like gasoline and jet fuel. Its production dominates in...
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