Crude grade comparison

Bachaquero 17 vs Loreto

Bachaquero field, Lake Maracaibo

Bachaquero 17

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--
Class
Heavy/Sour
API
17°
Sulfur
2.4%
VS
Bachaquero 17 – Loreto spread -- · Bachaquero 17 premium
Loreto region, Amazon basin

Loreto

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

Bachaquero 17 is heavy/sour crude (17° API, 2.4% 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.

  • Bachaquero 17 Crude
  • Loreto Crude

Physical & chemical properties

API gravityhigher = lighter
B117°
L24°
Sulfur contenthigher = sourer
B12.4%
L1.5%
Densityhigher = heavier
B1 g/cm³
L g/cm³
Viscosityhigher = thicker
B1 cSt
L cSt
Pour pointhigher = waxier
B1 °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 Bachaquero 17 Crude and Loreto Crude
PropertyBachaquero 17 CrudeLoreto CrudeBachaquero 17 − Loreto
Classification
ClassificationHeavy/SourHeavy/Sour
OriginBachaquero field, Lake MaracaiboLoreto region, Amazon basin
Chemical properties
API gravity17° API24° API-7 °API
Sulfur content2.4%1.5%+0.9%
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 hubLake Maracaibo terminals
Main destinationsUS Gulf Coast, CaribbeanRegional
Benchmark type
Market profile
Key characteristicsHeavy, high-sulphur Venezuelan crudeMedium-heavy South American crude
Refining notesFuel oil/asphalt feedstockRegional refining feedstock
FAQ

Bachaquero 17 vs Loreto questions

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

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Bachaquero 17 Crude was $ and Loreto Crude $ per barrel, so Loreto traded at a premium of $0 over Bachaquero 17. Over the previous 30 shared price days the spread averaged -- $/bbl, with Loreto priced above Bachaquero 17 on 0 day(s).

Bachaquero 17 Crude is a heavy/sour Bachaquero field, Lake Maracaibo crude (17° API, 2.4% sulfur) and benchmark. Loreto Crude is a heavy/sour Loreto region, Amazon basin crude (24° API, 1.5% sulfur) and benchmark.