Crude oil is a naturally occurring, unrefined petroleum product that is found in the earth's crust. It is a complex mixture of hydrocarbons that varies in color from yellow to black and is used to produce a wide range of products, including gasoline, diesel fuel, jet fuel, and plastics. Crude oil is one of the most valuable commodities in the world, and its import and export are essential for many businesses to operate.
Light Cycle Oil, also known as LCO, is a refined product derived from the processing of crude oil. It has a higher density and boiling point range compared to diesel fuel but lower than heavy fuel oil. LCO is commonly used as a feedstock for fluid catalytic cracking units (FCCU) and is also used as a blend component for marine fuels.
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