Azeri Light (BTC)
$84.09USD/BBL
▲ +0.93 (+1.11%)
- Class
- Light/Sweet
- API
- 35°
- Sulfur
- 0.15%
Crude grade comparison
Azeri Light (BTC) vs Bonga
Price, Azeri Light (BTC) spread, quality and refinery yields side by side. Updated .
VS
Azeri Light (BTC) – Bonga spread
-- USD/BBL · Azeri Light (BTC) premium
Bonga
--
--
- Class
- Light/Sweet
- API
- 32.3°
- Sulfur
- 0.2%
Azeri Light (BTC) Crude vs Bonga Crude: on July 06, 2026 Azeri Light (BTC) settled at $84.09/bbl (+1.11%) and Bonga price information is not available. Azeri Light (BTC) is light/sweet crude (35° API, 0.15% sulfur); Bonga is light/sweet crude (32.3° API, 0.2% sulfur).
Crude quality
Quality & refinery yields
How the two crudes differ in the barrel. Each property uses its own scale.
- Azeri Light (BTC) Crude
- Bonga Crude
Physical & chemical properties
API gravityhigher = lighter
AL(35°
B32.3°
Sulfur contenthigher = sourer
AL(0.15%
B0.2%
Densityhigher = heavier
AL(0.851 g/cm³
B0.849 g/cm³
Viscosityhigher = thicker
AL(4.2 cSt
B3.4 cSt
Pour pointhigher = waxier
AL(15 °C
B-5 °C
Typical refinery yields
Gasoline% of barrel
AL(48-52%
B47-50%
Diesel% of barrel
AL(28-32%
B27-31%
Jet fuel% of barrel
AL(01-12'%
B01-12'%
Residual fuel% of barrel
AL(08-10'%
B10-12'%
Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.
Full specification comparison
| Property | Azeri Light (BTC) Crude | Bonga Crude | Azeri Light (BTC) − Bonga |
|---|---|---|---|
| Classification | |||
| Classification | Light/Sweet | Light/Sweet | |
| Origin | Azerbaijan (Caspian Sea) | Nigeria (Niger Delta FPSO offshore) | |
| Chemical properties | |||
| API gravity | 35° API | 32.3° API | +2.7 °API |
| Sulfur content | 0.15% | 0.2% | -0.05% |
| Density | 0.851 g/cm³ | 0.849 g/cm³ | +0.002 g/cm³ |
| Pour point | 15 °C | -5 °C | +20 °C |
| Viscosity | 4.2 cSt | 3.4 cSt | +0.8 cSt |
| Typical refinery yields | |||
| Gasoline | 48-52% | 47-50% | +2 pts |
| Diesel | 28-32% | 27-31% | +1 pts |
| Jet fuel | 01-12'% | 01-12'% | 0 pts |
| Residual fuel | 08-10'% | 10-12'% | -2 pts |
| Trading & logistics | |||
| Delivery basis | Ceyhan (Turkey) | Bonga FPSO terminal | |
| Major exchanges | Platts, Argus (Med CIF) | Spot differential | |
| Export hub | Ceyhan, Turkey (via BTC pipeline) | Bonga FPSO | |
| Main destinations | Europe, Mediterranean | Europe, Asia | |
| Benchmark type | Regional (Med) | Regional (Spot) | |
| Market profile | |||
| Key characteristics | Caspian light sweet, BTC pipeline to Mediterranean | Nigerian FPSO production, medium-light grade | |
| Refining notes | High gasoline & kerosene yields; low residual output | FPSO offshore production | |
FAQ
Azeri Light (BTC) vs Bonga questions
The spread, the quality gap and why each grade is a benchmark.
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July 06, 2026 Azeri Light (BTC) Crude was $84.09 and Bonga Crude $ per barrel, so Bonga traded at a premium of $0 over Azeri Light (BTC). Over the previous 30 shared price days the spread averaged -- $/bbl, with Bonga priced above Azeri Light (BTC) on 0 day(s).
Azeri Light (BTC) Crude is a light/sweet Azerbaijan (Caspian Sea) crude (35° API, 0.15% sulfur) and Regional (Med) benchmark. Bonga Crude is a light/sweet Nigeria (Niger Delta FPSO offshore) crude (32.3° API, 0.2% sulfur) and Regional (Spot) benchmark.