Bonny Light
$122.13USD/BBL
■ 0.00(0.00%)
- Class
- Light/Sweet
- API
- 37°
- Sulfur
- 0.15%
Crude grade comparison
Bonny Light vs Bonga
Price, Bonny Light spread, quality and refinery yields side by side. Updated .
VS
Bonny Light – Bonga spread
-- USD/BBL · Bonny Light premium
Bonga
--
--
- Class
- Light/Sweet
- API
- 32.3°
- Sulfur
- 0.2%
Bonny Light Crude vs Bonga Crude: on July 06, 2026 Bonny Light settled at $122.13/bbl (0.00%) and Bonga price information is not available. Bonny Light is light/sweet crude (37° API, 0.15% sulfur); Bonga is light/sweet crude (32.3° API, 0.2% sulfur).
Crude quality
Quality & refinery yields
How the two crudes differ in the barrel. Each property uses its own scale.
- Bonny Light Crude
- Bonga Crude
Physical & chemical properties
API gravityhigher = lighter
BL37°
B32.3°
Sulfur contenthigher = sourer
BL0.15%
B0.2%
Densityhigher = heavier
BL0.847 g/cm³
B0.849 g/cm³
Viscosityhigher = thicker
BL2.9 cSt
B3.4 cSt
Pour pointhigher = waxier
BL-3 °C
B-5 °C
Typical refinery yields
Gasoline% of barrel
BL50-55%
B47-50%
Diesel% of barrel
BL20-25%
B27-31%
Jet fuel% of barrel
BL01-12'%
B01-12'%
Residual fuel% of barrel
BL08-10'%
B10-12'%
Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.
Full specification comparison
| Property | Bonny Light Crude | Bonga Crude | Bonny Light − Bonga |
|---|---|---|---|
| Classification | |||
| Classification | Light/Sweet | Light/Sweet | |
| Origin | Nigeria (Niger Delta) | Nigeria (Niger Delta FPSO offshore) | |
| Chemical properties | |||
| API gravity | 37° API | 32.3° API | +4.7 °API |
| Sulfur content | 0.15% | 0.2% | -0.05% |
| Density | 0.847 g/cm³ | 0.849 g/cm³ | -0.002 g/cm³ |
| Pour point | -3 °C | -5 °C | +2 °C |
| Viscosity | 2.9 cSt | 3.4 cSt | -0.5 cSt |
| Typical refinery yields | |||
| Gasoline | 50-55% | 47-50% | +5 pts |
| Diesel | 20-25% | 27-31% | -6 pts |
| Jet fuel | 01-12'% | 01-12'% | 0 pts |
| Residual fuel | 08-10'% | 10-12'% | -2 pts |
| Trading & logistics | |||
| Delivery basis | Bonny Terminal, Nigeria | Bonga FPSO terminal | |
| Major exchanges | Platts, Argus (Brent differential) | Spot differential | |
| Export hub | Bonny Terminal | Bonga FPSO | |
| Main destinations | India, Europe, US East Coast | Europe, Asia | |
| Benchmark type | Regional (W. Africa) | Regional (Spot) | |
| Market profile | |||
| Key characteristics | Premium Nigerian crude, ultra-low sulfur, premium for gasoline | Nigerian FPSO production, medium-light grade | |
| Refining notes | Highly valued for gasoline production | FPSO offshore production | |
FAQ
Bonny Light vs Bonga questions
The spread, the quality gap and why each grade is a benchmark.
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July 06, 2026 Bonny Light Crude was $122.13 and Bonga Crude $ per barrel, so Bonga traded at a premium of $0 over Bonny Light. Over the previous 30 shared price days the spread averaged -- $/bbl, with Bonga priced above Bonny Light on 0 day(s).
Bonny Light Crude is a light/sweet Nigeria (Niger Delta) crude (37° API, 0.15% sulfur) and Regional (W. Africa) benchmark. Bonga Crude is a light/sweet Nigeria (Niger Delta FPSO offshore) crude (32.3° API, 0.2% sulfur) and Regional (Spot) benchmark.