Crude grade comparison

Bachaquero 24 vs Grane

Bachaquero field, Lake Maracaibo

Bachaquero 24

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--
Class
Medium Heavy/Sour
API
24°
Sulfur
1.8%
VS
Bachaquero 24 – Grane spread -- · Bachaquero 24 premium
Grane field, North Sea

Grane

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--
Class
Medium Heavy/Sour
API
19°
Sulfur
0.7%

Bachaquero 24 is medium heavy/sour crude (24° API, 1.8% sulfur); Grane is medium heavy/sour crude (19° API, 0.7% sulfur).

Crude quality

Quality & refinery yields

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

  • Bachaquero 24 Crude
  • Grane Crude

Physical & chemical properties

API gravityhigher = lighter
B224°
G19°
Sulfur contenthigher = sourer
B21.8%
G0.7%
Densityhigher = heavier
B2 g/cm³
G g/cm³
Viscosityhigher = thicker
B2 cSt
G cSt
Pour pointhigher = waxier
B2 °C
G °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 24 Crude and Grane Crude
PropertyBachaquero 24 CrudeGrane CrudeBachaquero 24 − Grane
Classification
ClassificationMedium Heavy/SourMedium Heavy/Sour
OriginBachaquero field, Lake MaracaiboGrane field, North Sea
Chemical properties
API gravity24° API19° API+5 °API
Sulfur content1.8%0.7%+1.1%
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, CaribbeanNorthwest Europe, US
Benchmark type
Market profile
Key characteristicsMedium-heavy sour Venezuelan crudeHeavier, higher-sulphur North Sea crude
Refining notesFuel oil feedstockFuel oil feedstock
FAQ

Bachaquero 24 vs Grane questions

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

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Bachaquero 24 Crude was $ and Grane Crude $ per barrel, so Grane traded at a premium of $0 over Bachaquero 24. Over the previous 30 shared price days the spread averaged -- $/bbl, with Grane priced above Bachaquero 24 on 0 day(s).

Bachaquero 24 Crude is a medium heavy/sour Bachaquero field, Lake Maracaibo crude (24° API, 1.8% sulfur) and benchmark. Grane Crude is a medium heavy/sour Grane field, North Sea crude (19° API, 0.7% sulfur) and benchmark.