TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

SAUDI ARABIAN LIGHT CRUDE OIL [1 record]

Record 1 2002-03-26

English

Subject field(s)
  • Commercial Utilization (Oil and Natural Gas)
  • Crude Oil and Petroleum Products
  • Market Prices
DEF

The world's most prolific crude oil, frequently used as a marker crude in establishing the prices of other crudes.

CONT

The price of Saudi Arabian light crude oil was previously fixed at $12.70 per barrel (34 degrees A.P.I. with 1.7 per cent sulphur) and this was used as the reference world oil price in calculating the substitution value of Canadian natural gas exports.

Key term(s)
  • Arabian light crude

French

Domaine(s)
  • Exploitation commerciale (Pétrole et gaz naturel)
  • Pétroles bruts et dérivés
  • Prix (Commercialisation)
DEF

Mélange de pétroles d'Arabie Saoudite dont le prix sert de référence sur le marché mondial.

CONT

[...] les Arabian Light sont des pétroles bruts légers provenant de la péninsule arabique [...]

Spanish

Campo(s) temático(s)
  • Explotación comercial (Petróleo y gas natural)
  • Petróleo bruto y derivados
  • Precios (Comercialización)
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