Basrah Light
$108.39USD/BBL
■ 0.00(0.00%)
- Class
- Medium/Sour
- API
- 30.5°
- Sulfur
- 2.9%
Crude grade comparison
Basrah Light vs Kashagan Blend
Price, Basrah Light spread, quality and refinery yields side by side. Updated .
VS
Basrah Light – Kashagan Blend spread
-4.77 USD/BBL · Basrah Light premium
Kashagan Blend
$113.16USD/BBL
■ 0.00(0.00%)
- Class
- Medium/Sour
- API
- 30.5°
- Sulfur
- 1.7%
Basrah Light Crude vs Kashagan Blend Crude: on July 06, 2026 Basrah Light settled at $108.39/bbl (0.00%) and Kashagan Blend at $113.16/bbl (0.00%), putting Kashagan Blend $4.77 above Basrah Light. Basrah Light is medium/sour crude (30.5° API, 2.9% sulfur); Kashagan Blend is medium/sour crude (30.5° API, 1.7% sulfur).
Price history
Basrah Light vs Kashagan Blend 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 Kashagan Blend avg
- $113.16 30 shared days
- Average spread
- -4.89 Basrah Light minus Kashagan Blend
- Days Basrah Light above
- 0 / 30 widest $0 on
Basrah Light – Kashagan Blend spread $/bbl · above zero: Basrah Light premium · below zero: Kashagan Blend 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 | Kashagan Blend | Spread |
|---|---|---|---|
| 13 Apr 2026 | - | 113.16 | - |
| 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 | Kashagan Blend | ||||
|---|---|---|---|---|---|---|
| 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% | 113.16 | 113.16 | 0% |
Range = (high − low) ÷ high.
Daily prices
Recent prices & spread
| Date | Basrah Light | Chg | Kashagan Blend | 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
- Kashagan Blend Crude
Physical & chemical properties
API gravityhigher = lighter
BL30.5°
KB30.5°
Sulfur contenthigher = sourer
BL2.9%
KB1.7%
Densityhigher = heavier
BL0.872 g/cm³
KB0.88 g/cm³
Viscosityhigher = thicker
BL9.8 cSt
KB12 cSt
Pour pointhigher = waxier
BL18 °C
KB0 °C
Typical refinery yields
Gasoline% of barrel
BL18-22%
KB22-26%
Diesel% of barrel
BL40-44%
KB35-39%
Jet fuel% of barrel
BL08-10'%
KB10-12'%
Residual fuel% of barrel
BL22-28%
KB20-26%
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 | Kashagan Blend Crude | Basrah Light − Kashagan Blend |
|---|---|---|---|
| Classification | |||
| Classification | Medium/Sour | Medium/Sour | |
| Origin | Iraq (Basra, Persian Gulf) | Kazakhstan (Caspian Kashagan field) | |
| Chemical properties | |||
| API gravity | 30.5° API | 30.5° API | 0 °API |
| Sulfur content | 2.9% | 1.7% | +1.2% |
| Density | 0.872 g/cm³ | 0.88 g/cm³ | -0.008 g/cm³ |
| Pour point | 18 °C | 0 °C | +18 °C |
| Viscosity | 9.8 cSt | 12 cSt | -2.2 cSt |
| Typical refinery yields | |||
| Gasoline | 18-22% | 22-26% | -4 pts |
| Diesel | 40-44% | 35-39% | +5 pts |
| Jet fuel | 08-10'% | 10-12'% | -2 pts |
| Residual fuel | 22-28% | 20-26% | +2 pts |
| Trading & logistics | |||
| Delivery basis | Basra (Persian Gulf) terminals | CPC Novorossiysk terminal | |
| Major exchanges | SOMO OSP (vs Dubai/Oman) | Platts/Argus Med quotes | |
| Export hub | Al-Amiq Terminal, Khor al-Amaya, Mina al-Bakr | CPC Pipeline | |
| Main destinations | Asia, Europe | Europe | |
| Benchmark type | Regional (Middle East) | Regional (Mediterranean) | |
| Market profile | |||
| Key characteristics | Iraq's flagship crude, high residual content | High-pressure Caspian crude, complex operations | |
| Refining notes | High residual fuel content; used in complex refineries | Requires specialized handling; high CO2 | |
FAQ
Basrah Light vs Kashagan 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 Kashagan Blend Crude $113.16 per barrel, so Kashagan Blend traded at a premium of $4.77 over Basrah Light. Over the previous 30 shared price days the spread averaged -4.89 $/bbl, with Kashagan 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. Kashagan Blend Crude is a medium/sour Kazakhstan (Caspian Kashagan field) crude (30.5° API, 1.7% sulfur) and Regional (Mediterranean) benchmark.
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