Deliverable Crude Streams, Grades and Price Differentials

Updated on 2020-06-23

 

 

Nation

Deliverable

Crudes

API Gravity

Sulfur

(%)

Price Differential

(Yuan / Barrel)

Origins

United Arab Emirates

Dubai

30

2.8

0

Fateh Terminal

United Arab Emirates

Upper Zakum

33

2.0

0

Zirku Island

United Arab Emirates

Murban

35

1.5

5

Fujairah Terminal or Jebel Dhanna Terminal

Sultanate of Oman

Oman

30

1.6

0

Mina Al Fahal

State of Qatar

Qatar Marine

31

2.2

0

Halul Island

Republic of Iraq

Basrah Light

28

3.5

-5

Basrah Oil Terminal or SPM

Republic of Iraq

Basrah Medium

26

4.0

-10

Basrah Oil Terminal or SPM

The Federative Republic of Brazil

Tupi

28

0.8

10

Angra Dos Reis, Port Acu, STS Santos, STS Sao Paolo, Sao Sebastian, and FPSO of Brazil, La Paloma of Uruguay, and other loading ports recognized by INE

People's Republic of China

Shengli

24

1.0

-5

Dongming Oil Terminal of

Sinopec Shengli Oilfield Company

 

1. API gravity = (141.5 / S.G.60/ 60 °F)  131.5; S.G.: as per ASTM D1298

2. Sulfur content: as per ASTM D4294.

3. Basra Light crude oil warrant with quality of 28API29 can continue to be used for futures delivery.

4. From November 1, 2022, the Basrah Medium crude oil and Tupi crude oil can be applied for standard warrants issuance and futures delivery.

Deliverable Crude Streams, Grades and Price Differentials

Updated on 2020-06-23

 

 

Nation

Deliverable

Crudes

API Gravity

Sulfur

(%)

Price Differential

(Yuan / Barrel)

Origins

United Arab Emirates

Dubai

30

2.8

0

Fateh Terminal

United Arab Emirates

Upper Zakum

33

2.0

0

Zirku Island

United Arab Emirates

Murban

35

1.5

5

Fujairah Terminal or Jebel Dhanna Terminal

Sultanate of Oman

Oman

30

1.6

0

Mina Al Fahal

State of Qatar

Qatar Marine

31

2.2

0

Halul Island

Republic of Iraq

Basrah Light

28

3.5

-5

Basrah Oil Terminal or SPM

Republic of Iraq

Basrah Medium

26

4.0

-10

Basrah Oil Terminal or SPM

The Federative Republic of Brazil

Tupi

28

0.8

10

Angra Dos Reis, Port Acu, STS Santos, STS Sao Paolo, Sao Sebastian, and FPSO of Brazil, La Paloma of Uruguay, and other loading ports recognized by INE

People's Republic of China

Shengli

24

1.0

-5

Dongming Oil Terminal of

Sinopec Shengli Oilfield Company

 

1. API gravity = (141.5 / S.G.60/ 60 °F)  131.5; S.G.: as per ASTM D1298

2. Sulfur content: as per ASTM D4294.

3. Basra Light crude oil warrant with quality of 28API29 can continue to be used for futures delivery.

4. From November 1, 2022, the Basrah Medium crude oil and Tupi crude oil can be applied for standard warrants issuance and futures delivery.

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