Crude grade comparison

Basrah Light vs Esmeraldas Blend

Price, Basrah Light spread, quality and refinery yields side by side. Updated .

Iraq (Basra, Persian Gulf)

Basrah Light

$108.39USD/BBL
■ 0.00(0.00%)
Class
Medium/Sour
API
30.5°
Sulfur
2.9%
VS
Basrah Light – Esmeraldas Blend spread -- USD/BBL · Basrah Light premium
Ecuador (Esmeraldas refinery feed)

Esmeraldas Blend

--
--
Class
Medium/Sour
API
28°
Sulfur
2%

Basrah Light Crude vs Esmeraldas Blend Crude: on July 06, 2026 Basrah Light settled at $108.39/bbl (0.00%) and Esmeraldas Blend price information is not available. Basrah Light is medium/sour crude (30.5° API, 2.9% sulfur); Esmeraldas Blend is medium/sour crude (28° API, 2% sulfur).

Crude quality

Quality & refinery yields

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

  • Basrah Light Crude
  • Esmeraldas Blend Crude

Physical & chemical properties

API gravityhigher = lighter
BL30.5°
EB28°
Sulfur contenthigher = sourer
BL2.9%
EB2%
Densityhigher = heavier
BL0.872 g/cm³
EB0.89 g/cm³
Viscosityhigher = thicker
BL9.8 cSt
EB15 cSt
Pour pointhigher = waxier
BL18 °C
EB17 °C

Typical refinery yields

Gasoline% of barrel
BL18-22%
EB24-28%
Diesel% of barrel
BL40-44%
EB32-36%
Jet fuel% of barrel
BL08-10'%
EB10-12'%
Residual fuel% of barrel
BL22-28%
EB22-28%

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 Basrah Light Crude and Esmeraldas Blend Crude
PropertyBasrah Light CrudeEsmeraldas Blend CrudeBasrah Light − Esmeraldas Blend
Classification
ClassificationMedium/SourMedium/Sour
OriginIraq (Basra, Persian Gulf)Ecuador (Esmeraldas refinery feed)
Chemical properties
API gravity30.5° API28° API+2.5 °API
Sulfur content2.9%2%+0.9%
Density0.872 g/cm³0.89 g/cm³-0.018 g/cm³
Pour point18 °C17 °C+1 °C
Viscosity9.8 cSt15 cSt-5.2 cSt
Typical refinery yields
Gasoline18-22%24-28%-6 pts
Diesel40-44%32-36%+8 pts
Jet fuel08-10'%10-12'%-2 pts
Residual fuel22-28%22-28%0 pts
Trading & logistics
Delivery basisBasra (Persian Gulf) terminalsEsmeraldas domestic
Major exchangesSOMO OSP (vs Dubai/Oman)Spot differential
Export hubAl-Amiq Terminal, Khor al-Amaya, Mina al-BakrEsmeraldas
Main destinationsAsia, EuropeEcuador domestic, Peru, Colombia
Benchmark typeRegional (Middle East)Regional (Domestic)
Market profile
Key characteristicsIraq's flagship crude, high residual contentEcuadorian domestic refinery feedstock, limited export
Refining notesHigh residual fuel content; used in complex refineriesPrimary use: domestic refining
FAQ

Basrah Light vs Esmeraldas Blend 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 Esmeraldas Blend Crude $ per barrel, so Esmeraldas Blend traded at a premium of $0 over Basrah Light. Over the previous 30 shared price days the spread averaged -- $/bbl, with Esmeraldas Blend 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. Esmeraldas Blend Crude is a medium/sour Ecuador (Esmeraldas refinery feed) crude (28° API, 2% sulfur) and Regional (Domestic) benchmark.