Crude grade comparison

Azeri Light (BTC) vs Sakhalin Blend

Price, Azeri Light (BTC) spread, quality and refinery yields side by side. Updated .

Azerbaijan (Caspian Sea)

Azeri Light (BTC)

$84.09USD/BBL
▲ +0.93 (+1.11%)
Class
Light/Sweet
API
35°
Sulfur
0.15%
VS
Azeri Light (BTC) – Sakhalin Blend spread -20.15 USD/BBL · Azeri Light (BTC) premium
Russia (Sakhalin Island)

Sakhalin Blend

$104.24USD/BBL
■ 0.00(0.00%)
Class
Light/Sweet
API
34°
Sulfur
0.27%

Azeri Light (BTC) Crude vs Sakhalin Blend Crude: on July 06, 2026 Azeri Light (BTC) settled at $84.09/bbl (+1.11%) and Sakhalin Blend at $104.24/bbl (0.00%), putting Sakhalin Blend $20.15 above Azeri Light (BTC). Azeri Light (BTC) is light/sweet crude (35° API, 0.15% sulfur); Sakhalin Blend is light/sweet crude (34° API, 0.27% sulfur).

Price history

Azeri Light (BTC) vs Sakhalin Blend price chart

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

  • Azeri Light (BTC) Crude
  • Sakhalin Blend Crude
30-day Azeri Light (BTC) avg
$110.58
30 shared days
30-day Sakhalin Blend avg
$104.24
30 shared days
Average spread
+6.34
Azeri Light (BTC) minus Sakhalin Blend
Days Azeri Light (BTC) above
2 / 30
widest $26.7 on 2026-05-04
Azeri Light (BTC) Crude and Sakhalin Blend Crude daily prices from 13 Aug 2026 to 6 Oct 2026.

Azeri Light (BTC) – Sakhalin Blend spread $/bbl · above zero: Azeri Light (BTC) premium · below zero: Sakhalin Blend premium

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

View as table
DateAzeri Light (BTC)Sakhalin BlendSpread
10 Jun 2026102.13--
09 Jun 2026103.93--
08 Jun 2026107.42--
05 Jun 2026111.26--
04 Jun 2026112.84--
03 Jun 2026109.82--
02 Jun 2026109.82--
01 Jun 2026116.39--
29 May 2026117.02--
28 May 2026120.03--
27 May 2026120.41--
22 May 2026126.93--
21 May 2026127.47--
20 May 2026131.26--
19 May 2026131.50--
18 May 2026131.92--
15 May 2026115.52--
14 May 2026127.36--
12 May 2026126.70--
11 May 2026126.15--
08 May 2026121.96--
07 May 2026122.33--
05 May 2026130.94104.24+26.7
04 May 2026130.94104.24+26.7
01 May 2026130.94--
29 Apr 2026128.77--
28 Apr 2026128.77--
27 Apr 2026126.90--
26 Apr 2026112.10--
11 Apr 2026119.00--
Price analysis

Highs and lows by period

High, low and range by period for Azeri Light (BTC) Crude and Sakhalin Blend Crude, USD per barrel
PeriodAzeri Light (BTC)Sakhalin Blend
HighLowRangeHighLowRange
7 Days---%---%
30 Days---%---%
90 Days---%---%
180 Days131.9283.1636.96%---%
365 Days131.9283.1636.96%104.24104.240%

Range = (high − low) ÷ high.

Daily prices

Recent prices & spread

Last 5 shared daily prices and spread
DateAzeri Light (BTC)ChgSakhalin BlendChgSpread
119.000
112.10-6.9
126.90+14.8
128.77+1.87
128.770
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.

  • Azeri Light (BTC) Crude
  • Sakhalin Blend Crude

Physical & chemical properties

API gravityhigher = lighter
AL(35°
SB34°
Sulfur contenthigher = sourer
AL(0.15%
SB0.27%
Densityhigher = heavier
AL(0.851 g/cm³
SB0.857 g/cm³
Viscosityhigher = thicker
AL(4.2 cSt
SB4.5 cSt
Pour pointhigher = waxier
AL(15 °C
SB-15 °C

Typical refinery yields

Gasoline% of barrel
AL(48-52%
SB45-48%
Diesel% of barrel
AL(28-32%
SB30-34%
Jet fuel% of barrel
AL(01-12'%
SB01-12'%
Residual fuel% of barrel
AL(08-10'%
SB08-10'%

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 Azeri Light (BTC) Crude and Sakhalin Blend Crude
PropertyAzeri Light (BTC) CrudeSakhalin Blend CrudeAzeri Light (BTC) − Sakhalin Blend
Classification
ClassificationLight/SweetLight/Sweet
OriginAzerbaijan (Caspian Sea)Russia (Sakhalin Island)
Chemical properties
API gravity35° API34° API+1 °API
Sulfur content0.15%0.27%-0.12%
Density0.851 g/cm³0.857 g/cm³-0.006 g/cm³
Pour point15 °C-15 °C+30 °C
Viscosity4.2 cSt4.5 cSt-0.3 cSt
Typical refinery yields
Gasoline48-52%45-48%+4 pts
Diesel28-32%30-34%-2 pts
Jet fuel01-12'%01-12'%0 pts
Residual fuel08-10'%08-10'%0 pts
Trading & logistics
Delivery basisCeyhan (Turkey)De-Kastri, KTO
Major exchangesPlatts, Argus (Med CIF)Spot differential
Export hubCeyhan, Turkey (via BTC pipeline)De-Kastri, KTO Pipeline
Main destinationsEurope, MediterraneanJapan, South Korea, China
Benchmark typeRegional (Med)Regional (Asia)
Market profile
Key characteristicsCaspian light sweet, BTC pipeline to MediterraneanRussian Pacific blend, Asian oriented
Refining notesHigh gasoline & kerosene yields; low residual outputDesired by Asian refiners
FAQ

Azeri Light (BTC) vs Sakhalin Blend 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 Sakhalin Blend Crude $104.24 per barrel, so Sakhalin Blend traded at a premium of $20.15 over Azeri Light (BTC). Over the previous 30 shared price days the spread averaged +6.34 $/bbl, with Sakhalin Blend priced above Azeri Light (BTC) on 2 day(s).

Azeri Light (BTC) Crude is a light/sweet Azerbaijan (Caspian Sea) crude (35° API, 0.15% sulfur) and Regional (Med) benchmark. Sakhalin Blend Crude is a light/sweet Russia (Sakhalin Island) crude (34° API, 0.27% sulfur) and Regional (Asia) benchmark.