Crude grade comparison

Cabinda vs Bonga

Price, Cabinda spread, quality and refinery yields side by side. Updated .

Angola (Offshore Cabinda)

Cabinda

$63.56USD/BBL
▲ +1.24 (+1.95%)
Class
Light/Sweet
API
32°
Sulfur
0.2%
VS
Cabinda – Bonga spread -- USD/BBL · Cabinda premium
Nigeria (Niger Delta FPSO offshore)

Bonga

--
--
Class
Light/Sweet
API
32.3°
Sulfur
0.2%

Cabinda Crude vs Bonga Crude: on July 06, 2026 Cabinda settled at $63.56/bbl (+1.95%) and Bonga price information is not available. Cabinda is light/sweet crude (32° API, 0.2% 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.

  • Cabinda Crude
  • Bonga Crude

Physical & chemical properties

API gravityhigher = lighter
C32°
B32.3°
Sulfur contenthigher = sourer
C0.2%
B0.2%
Densityhigher = heavier
C0.865 g/cm³
B0.849 g/cm³
Viscosityhigher = thicker
C6.8 cSt
B3.4 cSt
Pour pointhigher = waxier
C3 °C
B-5 °C

Typical refinery yields

Gasoline% of barrel
C42-46%
B47-50%
Diesel% of barrel
C32-36%
B27-31%
Jet fuel% of barrel
C01-12'%
B01-12'%
Residual fuel% of barrel
C08-12'%
B10-12'%

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 Cabinda Crude and Bonga Crude
PropertyCabinda CrudeBonga CrudeCabinda − Bonga
Classification
ClassificationLight/SweetLight/Sweet
OriginAngola (Offshore Cabinda)Nigeria (Niger Delta FPSO offshore)
Chemical properties
API gravity32° API32.3° API-0.3 °API
Sulfur content0.2%0.2%0%
Density0.865 g/cm³0.849 g/cm³+0.016 g/cm³
Pour point3 °C-5 °C+8 °C
Viscosity6.8 cSt3.4 cSt+3.4 cSt
Typical refinery yields
Gasoline42-46%47-50%-4 pts
Diesel32-36%27-31%+5 pts
Jet fuel01-12'%01-12'%0 pts
Residual fuel08-12'%10-12'%0 pts
Trading & logistics
Delivery basisCabinda FPSOsBonga FPSO terminal
Major exchangesSpot differential to BrentSpot differential
Export hubCabinda FPSO terminalsBonga FPSO
Main destinationsEurope, US East Coast, AsiaEurope, Asia
Benchmark typeRegional/SpotRegional (Spot)
Market profile
Key characteristicsAngolan premium offshore, high-grade deepwaterNigerian FPSO production, medium-light grade
Refining notesFPSO offshore production, consistent qualityFPSO offshore production
FAQ

Cabinda vs Bonga questions

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

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July 06, 2026 Cabinda Crude was $63.56 and Bonga Crude $ per barrel, so Bonga traded at a premium of $0 over Cabinda. Over the previous 30 shared price days the spread averaged -- $/bbl, with Bonga priced above Cabinda on 0 day(s).

Cabinda Crude is a light/sweet Angola (Offshore Cabinda) crude (32° API, 0.2% sulfur) and Regional/Spot benchmark. Bonga Crude is a light/sweet Nigeria (Niger Delta FPSO offshore) crude (32.3° API, 0.2% sulfur) and Regional (Spot) benchmark.