Processes and bimetallic cracking additives for steam enhanced catalytic cracking of crude oil to produce light olefins and aromatics

A process for upgrading a hydrocarbon feed, the process comprising:

• contacting the hydrocarbon feed with steam in the presence of a cracking catalyst composition at reaction conditions sufficient to cause at least a portion of hydrocarbons in the hydrocarbon feed to undergo one or more cracking reactions to produce a steam catalytic cracking effluent comprising light olefins, light aromatic compounds, or both, where:
• the hydrocarbon feed is a whole crude oil having an API gravity between 25 and 50;
• the cracking catalyst composition comprises a cracking additive;
• the cracking additive comprises a ZSM-5 zeolite, a first metal species, and a second metal species;
• the first metal species and the second metal species are impregnated onto the ZSM-5 zeolite;
• the first metal species comprises a metal or metal oxide comprising cerium;
• the second metal species comprises a metal or metal oxide comprising iron;
• and
• the cracking additive is essentially free of phosphorus.