Arab Light
- Class
- Medium/Sour
- API
- 33°
- Sulfur
- 1.7%
Price, Arab Light spread, quality and refinery yields side by side. Updated .
Arab Light Crude vs Basrah Kurmala Crude: on July 06, 2026 Arab Light settled at $75.68/bbl (-41.66%) and Basrah Kurmala at $117.62/bbl (0.00%), putting Basrah Kurmala $41.94 above Arab Light. Arab Light is medium/sour crude (33° API, 1.7% sulfur); Basrah Kurmala is medium/sour crude (32.2° API, 2% sulfur).
Daily assessed prices in USD per barrel and the spread between them.
Free view: last 30 days. Gaps mark days with no assessment. Subscribe for longer history and Excel export.
| Date | Arab Light | Basrah Kurmala | Spread |
|---|---|---|---|
| 14 Apr 2026 | - | 117.62 | - |
| 07 Apr 2026 | - | 122.00 | - |
| 10 Jun 2026 | 94.18 | - | - |
| 09 Jun 2026 | 96.52 | - | - |
| 08 Jun 2026 | 100.03 | - | - |
| 05 Jun 2026 | 105.02 | - | - |
| 04 Jun 2026 | 107.32 | - | - |
| 03 Jun 2026 | 107.85 | - | - |
| 02 Jun 2026 | 103.73 | - | - |
| 01 Jun 2026 | 103.62 | - | - |
| 29 May 2026 | 102.10 | - | - |
| 28 May 2026 | 104.05 | - | - |
| 27 May 2026 | 107.21 | - | - |
| 22 May 2026 | 113.15 | - | - |
| 21 May 2026 | 114.03 | - | - |
| 19 May 2026 | 117.69 | - | - |
| 15 May 2026 | 116.21 | - | - |
| 14 May 2026 | 114.57 | - | - |
| 13 May 2026 | 115.40 | - | - |
| 08 May 2026 | 107.47 | - | - |
| 07 May 2026 | 109.23 | - | - |
| 06 May 2026 | 121.04 | - | - |
| 05 May 2026 | 121.04 | - | - |
| 04 May 2026 | 121.29 | - | - |
| 01 May 2026 | 121.29 | - | - |
| 29 Apr 2026 | 119.80 | - | - |
| 28 Apr 2026 | 119.80 | - | - |
| 27 Apr 2026 | 119.48 | - | - |
| 24 Apr 2026 | 118.87 | - | - |
| 20 Apr 2026 | 114.20 | - | - |
| 13 Apr 2026 | 113.25 | - | - |
| 01 Mar 2026 | 121.29 | 117.62 | +3.67 |
| Period | Arab Light | Basrah Kurmala | ||||
|---|---|---|---|---|---|---|
| High | Low | Range | High | Low | Range | |
| 7 Days | - | - | -% | - | - | -% |
| 30 Days | - | - | -% | - | - | -% |
| 90 Days | - | - | -% | - | - | -% |
| 180 Days | 117.69 | 74.76 | 36.48% | - | - | -% |
| 365 Days | 121.29 | 74.76 | 38.36% | 122 | 117.62 | 3.59% |
Range = (high − low) ÷ high.
| Date | Arab Light | Chg | Basrah Kurmala | Chg | Spread |
|---|---|---|---|---|---|
| 121.29 | 0 | 117.62 | 0 | +3.67 | |
| 113.25 | 0 | ||||
| 114.20 | +0.95 | ||||
| 118.87 | +4.67 | ||||
| 119.48 | +0.61 |
How the two crudes differ in the barrel. Each property uses its own scale.
Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.
| Property | Arab Light Crude | Basrah Kurmala Crude | Arab Light − Basrah Kurmala |
|---|---|---|---|
| Classification | |||
| Classification | Medium/Sour | Medium/Sour | |
| Origin | Saudi Arabia (Ghawar, onshore) | Iraq (Rumaila Kurmala layer) | |
| Chemical properties | |||
| API gravity | 33° API | 32.2° API | +0.8 °API |
| Sulfur content | 1.7% | 2% | -0.3% |
| Density | 0.86 g/cm³ | 0.86 g/cm³ | 0 g/cm³ |
| Pour point | 15 °C | 15 °C | 0 °C |
| Viscosity | 12 cSt | 8.5 cSt | +3.5 cSt |
| Typical refinery yields | |||
| Gasoline | 20-24% | 20-24% | 0 pts |
| Diesel | 42-46% | 38-42% | +4 pts |
| Jet fuel | 10-12'% | 10-12'% | 0 pts |
| Residual fuel | 20-25% | 18-22% | +3 pts |
| Trading & logistics | |||
| Delivery basis | Ras Tanura, Yanbu | Basrah terminals | |
| Major exchanges | Saudi OSP (vs Oman/Dubai); ICE | SOMO OSP differential | |
| Export hub | Ras Tanura (KSA) | Basrah terminals | |
| Main destinations | Asia-Pacific, Europe | Asia | |
| Benchmark type | Global (export) | Regional | |
| Market profile | |||
| Key characteristics | Saudi Arabia's flagship crude, OPEC reference | Iraqi segregated low-sulfur layer | |
| Refining notes | Significant residuum yield; requires cracking | Quality-segregated from main crude stream | |
The spread, the quality gap and why each grade is a benchmark.
Need help? Call us: 1 (954) 688-3088