Crude grade comparison

Basrah Medium vs Nowruz/Soroush

Southern Iraq fields

Basrah Medium

--
--
Class
Sour
API
27°
Sulfur
2.5%
VS
Basrah Medium – Nowruz/Soroush spread -- · Basrah Medium premium
Nowruz and Soroush fields, offshore

Nowruz/Soroush

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--
Class
Sour
API
27°
Sulfur
2.3%

Basrah Medium is sour crude (27° API, 2.5% sulfur); Nowruz/Soroush is sour crude (27° API, 2.3% sulfur).

Crude quality

Quality & refinery yields

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

  • Basrah Medium Crude
  • Nowruz/Soroush Crude

Physical & chemical properties

API gravityhigher = lighter
BM27°
N27°
Sulfur contenthigher = sourer
BM2.5%
N2.3%
Densityhigher = heavier
BM g/cm³
N g/cm³
Viscosityhigher = thicker
BM cSt
N cSt
Pour pointhigher = waxier
BM °C
N °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 Basrah Medium Crude and Nowruz/Soroush Crude
PropertyBasrah Medium CrudeNowruz/Soroush CrudeBasrah Medium − Nowruz/Soroush
Classification
ClassificationSourSour
OriginSouthern Iraq fieldsNowruz and Soroush fields, offshore
Chemical properties
API gravity27° API27° API0 °API
Sulfur content2.5%2.3%+0.2%
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 basisFOBFOB
Major exchanges
Export hubBasrah Oil TerminalIranian offshore terminals
Main destinationsAsia, EuropeAsia
Benchmark type
Market profile
Key characteristicsHeavier sour Iraqi grade introduced alongside Basrah Light/Heavy splitMedium-heavy sour Iranian offshore crude blend
Refining notesFuel oil feedstockFuel oil feedstock
FAQ

Basrah Medium vs Nowruz/Soroush questions

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

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

Basrah Medium Crude is a sour Southern Iraq fields crude (27° API, 2.5% sulfur) and benchmark. Nowruz/Soroush Crude is a sour Nowruz and Soroush fields, offshore crude (27° API, 2.3% sulfur) and benchmark.