Crude grade comparison

Chinguetti vs Lufeng

Chinguetti field, offshore

Chinguetti

--
--
Class
Medium/Sweet
API
28°
Sulfur
0.4%
VS
Chinguetti – Lufeng spread -- · Chinguetti premium
Lufeng field, South China Sea

Lufeng

--
--
Class
Medium/Sweet
API
31°
Sulfur
0.1%

Chinguetti is medium/sweet crude (28° API, 0.4% sulfur); Lufeng is medium/sweet crude (31° API, 0.1% sulfur).

Crude quality

Quality & refinery yields

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

  • Chinguetti Crude
  • Lufeng Crude

Physical & chemical properties

API gravityhigher = lighter
C28°
L31°
Sulfur contenthigher = sourer
C0.4%
L0.1%
Densityhigher = heavier
C g/cm³
L g/cm³
Viscosityhigher = thicker
C cSt
L cSt
Pour pointhigher = waxier
C °C
L °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 Chinguetti Crude and Lufeng Crude
PropertyChinguetti CrudeLufeng CrudeChinguetti − Lufeng
Classification
ClassificationMedium/SweetMedium/Sweet
OriginChinguetti field, offshoreLufeng field, South China Sea
Chemical properties
API gravity28° API31° API-3 °API
Sulfur content0.4%0.1%+0.3%
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 basis
Major exchanges
Export hub
Main destinationsEurope, AsiaChina
Benchmark type
Market profile
Key characteristicsMedium-gravity West African crudeMedium-light Chinese offshore crude
Refining notesRegional refining feedstockRegional refining feedstock
FAQ

Chinguetti vs Lufeng questions

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

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

Chinguetti Crude is a medium/sweet Chinguetti field, offshore crude (28° API, 0.4% sulfur) and benchmark. Lufeng Crude is a medium/sweet Lufeng field, South China Sea crude (31° API, 0.1% sulfur) and benchmark.