Agbami
--
--
- Class
- Sweet
- API
- 47.2°
- Sulfur
- 0.044%%
Crude grade comparison
Agbami vs Pennington
VS
Agbami – Pennington spread
-- · Agbami premium
Pennington
--
--
- Class
- Sweet
- API
- 36°
- Sulfur
- 0.15%
Agbami is sweet crude (47.2° API, 0.044%% sulfur); Pennington is sweet crude (36° API, 0.15% sulfur).
Crude quality
Quality & refinery yields
How the two crudes differ in the barrel. Each property uses its own scale.
- Agbami Crude
- Pennington Crude
Physical & chemical properties
API gravityhigher = lighter
A47.2°
P36°
Sulfur contenthigher = sourer
A0.044%%
P0.15%
Densityhigher = heavier
A g/cm³
P g/cm³
Viscosityhigher = thicker
A cSt
P cSt
Pour pointhigher = waxier
A °C
P °C
Typical refinery yields
Gasoline% of barrel
Diesel% of barrel
Jet fuel% of barrel
Residual fuel% of barrel
Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.
Full specification comparison
| Property | Agbami Crude | Pennington Crude | Agbami − Pennington |
|---|---|---|---|
| Classification | |||
| Classification | Sweet | Sweet | |
| Origin | Agbami field, deepwater (Chevron-operated) | Pennington field | |
| Chemical properties | |||
| API gravity | 47.2° API | 36° API | +11.2 °API |
| Sulfur content | 0.044%% | 0.15% | -0.106% |
| Density | g/cm³ | g/cm³ | 0 g/cm³ |
| Pour point | °C | °C | 0 °C |
| Viscosity | cSt | cSt | 0 cSt |
| Typical refinery yields | |||
| Gasoline | % | % | 0 pts |
| Diesel | % | % | 0 pts |
| Jet fuel | % | % | 0 pts |
| Residual fuel | % | % | 0 pts |
| Trading & logistics | |||
| Delivery basis | FOB | ||
| Major exchanges | |||
| Export hub | Offshore Nigeria FPSO | ||
| Main destinations | Europe, Asia, US | Europe, Asia, US | |
| Benchmark type | |||
| Market profile | |||
| Key characteristics | Ultra-light, very low sulphur, condensate-like | Light sweet Nigerian crude | |
| Refining notes | Naphtha/gasoline-rich feedstock | Gasoline-rich feedstock | |
FAQ
Agbami vs Pennington questions
The spread, the quality gap and why each grade is a benchmark.
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Agbami Crude was $ and Pennington Crude $ per barrel, so Pennington traded at a premium of $0 over Agbami. Over the previous 30 shared price days the spread averaged -- $/bbl, with Pennington priced above Agbami on 0 day(s).
Agbami Crude is a sweet Agbami field, deepwater (Chevron-operated) crude (47.2° API, 0.044%% sulfur) and benchmark. Pennington Crude is a sweet Pennington field crude (36° API, 0.15% sulfur) and benchmark.