Basrah Light
$108.39USD/BBL
■ 0.00(0.00%)
- Class
- Medium/Sour
- API
- 30.5°
- Sulfur
- 2.9%
Crude grade comparison
Basrah Light vs Basrah Kurmala
Price, Basrah Light spread, quality and refinery yields side by side. Updated .
VS
Basrah Light – Basrah Kurmala spread
-9.23 USD/BBL · Basrah Light premium
Basrah Kurmala
$117.62USD/BBL
■ 0.00(0.00%)
- Class
- Medium/Sour
- API
- 32.2°
- Sulfur
- 2%
Basrah Light Crude vs Basrah Kurmala Crude: on July 06, 2026 Basrah Light settled at $108.39/bbl (0.00%) and Basrah Kurmala at $117.62/bbl (0.00%), putting Basrah Kurmala $9.23 above Basrah Light. Basrah Light is medium/sour crude (30.5° API, 2.9% sulfur); Basrah Kurmala is medium/sour crude (32.2° API, 2% sulfur).
Price history
Basrah Light vs Basrah Kurmala price chart
Daily assessed prices in USD per barrel and the spread between them.
- 30-day Basrah Light avg
- $108.27 30 shared days
- 30-day Basrah Kurmala avg
- $119.08 30 shared days
- Average spread
- -10.81 Basrah Light minus Basrah Kurmala
- Days Basrah Light above
- 0 / 30 widest $0 on
Basrah Light – Basrah Kurmala spread $/bbl · above zero: Basrah Light premium · below zero: Basrah Kurmala premium
Free view: last 30 days. Gaps mark days with no assessment. Subscribe for longer history and Excel export.
View as table
| Date | Basrah Light | Basrah Kurmala | Spread |
|---|---|---|---|
| 14 Apr 2026 | - | 117.62 | - |
| 07 Apr 2026 | - | 122.00 | - |
| 01 Mar 2026 | - | 117.62 | - |
| 06 Jul 2026 | 108.39 | - | - |
| 02 Jul 2026 | 108.39 | - | - |
| 01 Jul 2026 | 108.39 | - | - |
| 29 Jun 2026 | 73.15 | - | - |
| 26 Jun 2026 | 108.39 | - | - |
| 25 Jun 2026 | 108.39 | - | - |
| 18 Jun 2026 | 108.39 | - | - |
| 17 Jun 2026 | 108.39 | - | - |
| 16 Jun 2026 | 108.39 | - | - |
| 12 Jun 2026 | 108.39 | - | - |
| 11 Jun 2026 | 108.39 | - | - |
| 10 Jun 2026 | 108.39 | - | - |
| 09 Jun 2026 | 108.39 | - | - |
| 05 Jun 2026 | 108.39 | - | - |
| 27 May 2026 | 108.39 | - | - |
| 22 May 2026 | 108.39 | - | - |
| 19 May 2026 | 117.62 | - | - |
| 15 May 2026 | 117.62 | - | - |
| 14 May 2026 | 117.62 | - | - |
| 07 May 2026 | 117.62 | - | - |
| 06 May 2026 | 117.62 | - | - |
| 05 May 2026 | 117.62 | - | - |
| 04 May 2026 | 117.62 | - | - |
| 01 May 2026 | 117.62 | - | - |
| 29 Apr 2026 | 66.77 | - | - |
Price analysis
Highs and lows by period
| Period | Basrah Light | Basrah Kurmala | ||||
|---|---|---|---|---|---|---|
| High | Low | Range | High | Low | Range | |
| 7 Days | - | - | -% | - | - | -% |
| 30 Days | - | - | -% | - | - | -% |
| 90 Days | - | - | -% | - | - | -% |
| 180 Days | 117.62 | 73.15 | 37.81% | - | - | -% |
| 365 Days | 117.62 | 66.77 | 43.23% | 122 | 117.62 | 3.59% |
Range = (high − low) ÷ high.
Daily prices
Recent prices & spread
| Date | Basrah Light | Chg | Basrah Kurmala | Chg | Spread |
|---|---|---|---|---|---|
| 66.77 | 0 | ||||
| 117.62 | +50.85 | ||||
| 117.62 | 0 | ||||
| 117.62 | 0 | ||||
| 117.62 | 0 |
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.
- Basrah Light Crude
- Basrah Kurmala Crude
Physical & chemical properties
API gravityhigher = lighter
BL30.5°
BK32.2°
Sulfur contenthigher = sourer
BL2.9%
BK2%
Densityhigher = heavier
BL0.872 g/cm³
BK0.86 g/cm³
Viscosityhigher = thicker
BL9.8 cSt
BK8.5 cSt
Pour pointhigher = waxier
BL18 °C
BK15 °C
Typical refinery yields
Gasoline% of barrel
BL18-22%
BK20-24%
Diesel% of barrel
BL40-44%
BK38-42%
Jet fuel% of barrel
BL08-10'%
BK10-12'%
Residual fuel% of barrel
BL22-28%
BK18-22%
Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.
Full specification comparison
| Property | Basrah Light Crude | Basrah Kurmala Crude | Basrah Light − Basrah Kurmala |
|---|---|---|---|
| Classification | |||
| Classification | Medium/Sour | Medium/Sour | |
| Origin | Iraq (Basra, Persian Gulf) | Iraq (Rumaila Kurmala layer) | |
| Chemical properties | |||
| API gravity | 30.5° API | 32.2° API | -1.7 °API |
| Sulfur content | 2.9% | 2% | +0.9% |
| Density | 0.872 g/cm³ | 0.86 g/cm³ | +0.012 g/cm³ |
| Pour point | 18 °C | 15 °C | +3 °C |
| Viscosity | 9.8 cSt | 8.5 cSt | +1.3 cSt |
| Typical refinery yields | |||
| Gasoline | 18-22% | 20-24% | -2 pts |
| Diesel | 40-44% | 38-42% | +2 pts |
| Jet fuel | 08-10'% | 10-12'% | -2 pts |
| Residual fuel | 22-28% | 18-22% | +6 pts |
| Trading & logistics | |||
| Delivery basis | Basra (Persian Gulf) terminals | Basrah terminals | |
| Major exchanges | SOMO OSP (vs Dubai/Oman) | SOMO OSP differential | |
| Export hub | Al-Amiq Terminal, Khor al-Amaya, Mina al-Bakr | Basrah terminals | |
| Main destinations | Asia, Europe | Asia | |
| Benchmark type | Regional (Middle East) | Regional | |
| Market profile | |||
| Key characteristics | Iraq's flagship crude, high residual content | Iraqi segregated low-sulfur layer | |
| Refining notes | High residual fuel content; used in complex refineries | Quality-segregated from main crude stream | |
FAQ
Basrah Light vs Basrah Kurmala questions
The spread, the quality gap and why each grade is a benchmark.
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July 06, 2026 Basrah Light Crude was $108.39 and Basrah Kurmala Crude $117.62 per barrel, so Basrah Kurmala traded at a premium of $9.23 over Basrah Light. Over the previous 30 shared price days the spread averaged -10.81 $/bbl, with Basrah Kurmala priced above Basrah Light on 0 day(s).
Basrah Light Crude is a medium/sour Iraq (Basra, Persian Gulf) crude (30.5° API, 2.9% sulfur) and Regional (Middle East) benchmark. Basrah Kurmala Crude is a medium/sour Iraq (Rumaila Kurmala layer) crude (32.2° API, 2% sulfur) and Regional benchmark.
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