Bonny Light
$122.13USD/BBL
■ 0.00(0.00%)
- Class
- Light/Sweet
- API
- 37°
- Sulfur
- 0.15%
Price, Bonny Light spread, quality and refinery yields side by side. Updated .
Bonny Light Crude vs Tapis Blend Crude: on July 06, 2026 Bonny Light settled at $122.13/bbl (0.00%) and Tapis Blend price information is not available. Bonny Light is light/sweet crude (37° API, 0.15% sulfur); Tapis Blend is light/sweet crude (45.2° API, 0.03% sulfur).
How the two crudes differ in the barrel. Each property uses its own scale.
Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.
| Property | Bonny Light Crude | Tapis Blend Crude | Bonny Light − Tapis Blend |
|---|---|---|---|
| Classification | |||
| Classification | Light/Sweet | Light/Sweet | |
| Origin | Nigeria (Niger Delta) | Malaysia (Offshore Sabah) | |
| Chemical properties | |||
| API gravity | 37° API | 45.2° API | -8.2 °API |
| Sulfur content | 0.15% | 0.03% | +0.12% |
| Density | 0.847 g/cm³ | 0.792 g/cm³ | +0.055 g/cm³ |
| Pour point | -3 °C | -12 °C | +9 °C |
| Viscosity | 2.9 cSt | 2.2 cSt | +0.7 cSt |
| Typical refinery yields | |||
| Gasoline | 50-55% | 60-65% | -10 pts |
| Diesel | 20-25% | 05-07'% | +18 pts |
| Jet fuel | 01-12'% | 08-10'% | +2 pts |
| Residual fuel | 08-10'% | 02-05'% | +5 pts |
| Trading & logistics | |||
| Delivery basis | Bonny Terminal, Nigeria | Sabah terminals, Malaysia | |
| Major exchanges | Platts, Argus (Brent differential) | Platts (historic APPI); spot | |
| Export hub | Bonny Terminal | Kerteh, Sabah | |
| Main destinations | India, Europe, US East Coast | Singapore, Europe, US Gulf | |
| Benchmark type | Regional (W. Africa) | Regional (Asia-Pacific) | |
| Market profile | |||
| Key characteristics | Premium Nigerian crude, ultra-low sulfur, premium for gasoline | Ultra-light ultra-sweet, premium naphtha and gasoline | |
| Refining notes | Highly valued for gasoline production | Extremely high gasoline/naphtha yield; little resid | |
The spread, the quality gap and why each grade is a benchmark.
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