Crude grade comparison

Alba (U.K.) vs Loreto

Alba field, North Sea

Alba (U.K.)

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Class
Heavy/Sour
API
19.5°
Sulfur
1.2%
VS
Alba (U.K.) – Loreto spread -- · Alba (U.K.) premium
Loreto region, Amazon basin

Loreto

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--
Class
Heavy/Sour
API
24°
Sulfur
1.5%

Alba (U.K.) is heavy/sour crude (19.5° API, 1.2% sulfur); Loreto is heavy/sour crude (24° API, 1.5% sulfur).

Crude quality

Quality & refinery yields

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

  • Alba (U.K.) Crude
  • Loreto Crude

Physical & chemical properties

API gravityhigher = lighter
A(19.5°
L24°
Sulfur contenthigher = sourer
A(1.2%
L1.5%
Densityhigher = heavier
A( g/cm³
L g/cm³
Viscosityhigher = thicker
A( cSt
L cSt
Pour pointhigher = waxier
A( °C
L °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 Alba (U.K.) Crude and Loreto Crude
PropertyAlba (U.K.) CrudeLoreto CrudeAlba (U.K.) − Loreto
Classification
ClassificationHeavy/SourHeavy/Sour
OriginAlba field, North SeaLoreto region, Amazon basin
Chemical properties
API gravity19.5° API24° API-4.5 °API
Sulfur content1.2%1.5%-0.3%
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 basisFOB
Major exchanges
Export hubSullom Voe area/offshore loading
Main destinationsNorthwest EuropeRegional
Benchmark type
Market profile
Key characteristicsHeavier, higher-sulphur North Sea grade (atypical for North Sea)Medium-heavy South American crude
Refining notesFuel oil/heavy distillate blend feedstockRegional refining feedstock
FAQ

Alba (U.K.) vs Loreto questions

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

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Alba (U.K.) Crude was $ and Loreto Crude $ per barrel, so Loreto traded at a premium of $0 over Alba (U.K.). Over the previous 30 shared price days the spread averaged -- $/bbl, with Loreto priced above Alba (U.K.) on 0 day(s).

Alba (U.K.) Crude is a heavy/sour Alba field, North Sea crude (19.5° API, 1.2% sulfur) and benchmark. Loreto Crude is a heavy/sour Loreto region, Amazon basin crude (24° API, 1.5% sulfur) and benchmark.