Improve feedstock selection for your refinery
This simplified approach facilitates screening of crude oil baskets for refiners.
Oil price variations impact the selection process for refinery crude slates. When considering crude and product prices, product demand, refinery configurations and other constraints, the evaluation process can be exhaustive. Software tools are comprehensive and time-consuming to screen and rank crude oils on a regular basis.
To simplify this process, a quick methodology was developed to screen a crude oil basket. The differential in crude oil price and processing costs are the most influential factors that determine crude selection. Typically, the differential in crude oil prices is in relation to the benchmark crudes like Brent price and the quality. The differential in processing cost is
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