The world's most expensive oil is from Malaysia

SarahTz/Flickr There are a lot of factors that go into the price of any given barrel of oil. Given its quality and location, Malaysian oil is the world's most expensive at this time. When asked about the most expensive oil grade out there, those working in the oil industry are caught blindsided because there’s no easy way to answer this question. The price of crude oil is determined by its physical characteristics (low-density, low-sulphur grade blends generally cost more, but there are severa...