udog
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Most people think oil is just oil.
It’s not.
US WTI: ~40° API (light, golden)
Iran Light: ~34°
Russia Urals: ~31°
Venezuela: ~8–12° (almost tar)
The lighter the crude → the cheaper the refining → the bigger the profit.
Quality drives oil politics.
$BTC #UDOG
BTCUSDT
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It’s not.
US WTI: ~40° API (light, golden)
Iran Light: ~34°
Russia Urals: ~31°
Venezuela: ~8–12° (almost tar)
The lighter the crude → the cheaper the refining → the bigger the profit.
Quality drives oil politics.
$BTC #UDOG
BTCUSDT
Perp
67,966.3
-3.37%
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