Crude grade comparison

Agbami vs Qua Iboe

Agbami field, deepwater (Chevron-operated)

Agbami

--
--
Class
Sweet
API
47.2°
Sulfur
0.044%%
VS
Agbami – Qua Iboe spread -- · Agbami premium
Qua Iboe terminal blend

Qua Iboe

--
--
Class
Sweet
API
35.8°
Sulfur
0.13%

Agbami is sweet crude (47.2° API, 0.044%% sulfur); Qua Iboe is sweet crude (35.8° API, 0.13% sulfur).

Crude quality

Quality & refinery yields

How the two crudes differ in the barrel. Each property uses its own scale.

  • Agbami Crude
  • Qua Iboe Crude

Physical & chemical properties

API gravityhigher = lighter
A47.2°
QI35.8°
Sulfur contenthigher = sourer
A0.044%%
QI0.13%
Densityhigher = heavier
A g/cm³
QI g/cm³
Viscosityhigher = thicker
A cSt
QI cSt
Pour pointhigher = waxier
A °C
QI °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

Full specification comparison of Agbami Crude and Qua Iboe Crude
PropertyAgbami CrudeQua Iboe CrudeAgbami − Qua Iboe
Classification
ClassificationSweetSweet
OriginAgbami field, deepwater (Chevron-operated)Qua Iboe terminal blend
Chemical properties
API gravity47.2° API35.8° API+11.4 °API
Sulfur content0.044%%0.13%-0.086%
Density g/cm³ g/cm³0 g/cm³
Pour point °C °C0 °C
Viscosity cSt cSt0 cSt
Typical refinery yields
Gasoline%%0 pts
Diesel%%0 pts
Jet fuel%%0 pts
Residual fuel%%0 pts
Trading & logistics
Delivery basisFOBFOB
Major exchanges
Export hubOffshore Nigeria FPSOQua Iboe terminal
Main destinationsEurope, Asia, USEurope, Asia, US
Benchmark typeKey West African benchmark
Market profile
Key characteristicsUltra-light, very low sulphur, condensate-likeLight, sweet, low-sulphur key Nigerian benchmark grade
Refining notesNaphtha/gasoline-rich feedstockGasoline-rich refining feedstock
FAQ

Agbami vs Qua Iboe questions

The spread, the quality gap and why each grade is a benchmark.

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Agbami Crude was $ and Qua Iboe Crude $ per barrel, so Qua Iboe traded at a premium of $0 over Agbami. Over the previous 30 shared price days the spread averaged -- $/bbl, with Qua Iboe 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. Qua Iboe Crude is a sweet Qua Iboe terminal blend crude (35.8° API, 0.13% sulfur) and Key West African benchmark benchmark.