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Crude grade comparison

Arab Light vs Kashagan Blend

Price, Arab Light spread, quality and refinery yields side by side. Updated .

Saudi Arabia (Ghawar, onshore)

Arab Light

$75.68USD/BBL
▼ -31.53 (-41.66%)
Class
Medium/Sour
API
33°
Sulfur
1.7%
VS
Arab Light – Kashagan Blend spread -37.48 USD/BBL · Arab Light premium
Kazakhstan (Caspian Kashagan field)

Kashagan Blend

$113.16USD/BBL
■ 0.00(0.00%)
Class
Medium/Sour
API
30.5°
Sulfur
1.7%

Arab Light Crude vs Kashagan Blend Crude: on July 06, 2026 Arab Light settled at $75.68/bbl (-41.66%) and Kashagan Blend at $113.16/bbl (0.00%), putting Kashagan Blend $37.48 above Arab Light. Arab Light is medium/sour crude (33° API, 1.7% sulfur); Kashagan Blend is medium/sour crude (30.5° API, 1.7% sulfur).

Price history

Arab Light vs Kashagan Blend price chart

Daily assessed prices in USD per barrel and the spread between them.

  • Arab Light Crude
  • Kashagan Blend Crude
30-day Arab Light avg
$102.26
30 shared days
30-day Kashagan Blend avg
$113.16
30 shared days
Average spread
-10.9
Arab Light minus Kashagan Blend
Days Arab Light above
1 / 30
widest $0.090000000000003 on 2026-04-13

Arab Light – Kashagan Blend spread $/bbl · above zero: Arab Light premium · below zero: Kashagan Blend premium

Free view: last 30 days. Gaps mark days with no assessment. Subscribe for longer history and Excel export.

View as table
DateArab LightKashagan BlendSpread
10 Jun 202694.18--
09 Jun 202696.52--
08 Jun 2026100.03--
05 Jun 2026105.02--
04 Jun 2026107.32--
03 Jun 2026107.85--
02 Jun 2026103.73--
01 Jun 2026103.62--
29 May 2026102.10--
28 May 2026104.05--
27 May 2026107.21--
22 May 2026113.15--
21 May 2026114.03--
19 May 2026117.69--
15 May 2026116.21--
14 May 2026114.57--
13 May 2026115.40--
08 May 2026107.47--
07 May 2026109.23--
06 May 2026121.04--
05 May 2026121.04--
04 May 2026121.29--
01 May 2026121.29--
29 Apr 2026119.80--
28 Apr 2026119.80--
27 Apr 2026119.48--
24 Apr 2026118.87--
20 Apr 2026114.20--
13 Apr 2026113.25113.16+0.090000000000003
01 Mar 2026121.29--
Price analysis

Highs and lows by period

PeriodArab LightKashagan Blend
HighLowRangeHighLowRange
7 Days---%---%
30 Days---%---%
90 Days---%---%
180 Days117.6974.7636.48%---%
365 Days121.2974.7638.36%113.16113.160%

Range = (high − low) ÷ high.

Daily prices

Recent prices & spread

DateArab LightChgKashagan BlendChgSpread
121.290
113.250113.160+0.09
114.20+0.95
118.87+4.67
119.48+0.61
Full daily history for both grades since 2019 is available to subscribers.Subscribe now
Crude quality

Quality & refinery yields

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

  • Arab Light Crude
  • Kashagan Blend Crude

Physical & chemical properties

API gravityhigher = lighter
AL33°
KB30.5°
Sulfur contenthigher = sourer
AL1.7%
KB1.7%
Densityhigher = heavier
AL0.86 g/cm³
KB0.88 g/cm³
Viscosityhigher = thicker
AL12 cSt
KB12 cSt
Pour pointhigher = waxier
AL15 °C
KB0 °C

Typical refinery yields

Gasoline% of barrel
AL20-24%
KB22-26%
Diesel% of barrel
AL42-46%
KB35-39%
Jet fuel% of barrel
AL10-12'%
KB10-12'%
Residual fuel% of barrel
AL20-25%
KB20-26%

Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.

Full specification comparison

PropertyArab Light CrudeKashagan Blend CrudeArab Light − Kashagan Blend
Classification
ClassificationMedium/SourMedium/Sour
OriginSaudi Arabia (Ghawar, onshore)Kazakhstan (Caspian Kashagan field)
Chemical properties
API gravity33° API30.5° API+2.5 °API
Sulfur content1.7%1.7%0%
Density0.86 g/cm³0.88 g/cm³-0.02 g/cm³
Pour point15 °C0 °C+15 °C
Viscosity12 cSt12 cSt0 cSt
Typical refinery yields
Gasoline20-24%22-26%-2 pts
Diesel42-46%35-39%+7 pts
Jet fuel10-12'%10-12'%0 pts
Residual fuel20-25%20-26%-1 pts
Trading & logistics
Delivery basisRas Tanura, YanbuCPC Novorossiysk terminal
Major exchangesSaudi OSP (vs Oman/Dubai); ICEPlatts/Argus Med quotes
Export hubRas Tanura (KSA)CPC Pipeline
Main destinationsAsia-Pacific, EuropeEurope
Benchmark typeGlobal (export)Regional (Mediterranean)
Market profile
Key characteristicsSaudi Arabia's flagship crude, OPEC referenceHigh-pressure Caspian crude, complex operations
Refining notesSignificant residuum yield; requires crackingRequires specialized handling; high CO2
FAQ

Arab Light vs Kashagan Blend questions

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

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July 06, 2026 Arab Light Crude was $75.68 and Kashagan Blend Crude $113.16 per barrel, so Kashagan Blend traded at a premium of $37.48 over Arab Light. Over the previous 30 shared price days the spread averaged -10.9 $/bbl, with Kashagan Blend priced above Arab Light on 1 day(s).

Arab Light Crude is a medium/sour Saudi Arabia (Ghawar, onshore) crude (33° API, 1.7% sulfur) and Global (export) benchmark. Kashagan Blend Crude is a medium/sour Kazakhstan (Caspian Kashagan field) crude (30.5° API, 1.7% sulfur) and Regional (Mediterranean) benchmark.
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