Chinguetti
--
--
- Class
- Medium/Sweet
- API
- 28°
- Sulfur
- 0.4%
Crude grade comparison
Chinguetti vs Pierce
VS
Chinguetti – Pierce spread
-- · Chinguetti premium
Pierce
--
--
- Class
- Medium/Sweet
- API
- 20°
- Sulfur
- 0.4%
Chinguetti is medium/sweet crude (28° API, 0.4% sulfur); Pierce is medium/sweet crude (20° API, 0.4% sulfur).
Crude quality
Quality & refinery yields
How the two crudes differ in the barrel. Each property uses its own scale.
- Chinguetti Crude
- Pierce Crude
Physical & chemical properties
API gravityhigher = lighter
C28°
P20°
Sulfur contenthigher = sourer
C0.4%
P0.4%
Densityhigher = heavier
C g/cm³
P g/cm³
Viscosityhigher = thicker
C cSt
P cSt
Pour pointhigher = waxier
C °C
P °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
| Property | Chinguetti Crude | Pierce Crude | Chinguetti − Pierce |
|---|---|---|---|
| Classification | |||
| Classification | Medium/Sweet | Medium/Sweet | |
| Origin | Chinguetti field, offshore | Pierce field, North Sea | |
| Chemical properties | |||
| API gravity | 28° API | 20° API | +8 °API |
| Sulfur content | 0.4% | 0.4% | 0% |
| Density | g/cm³ | g/cm³ | 0 g/cm³ |
| Pour point | °C | °C | 0 °C |
| Viscosity | cSt | cSt | 0 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 destinations | Europe, Asia | Northwest Europe | |
| Benchmark type | |||
| Market profile | |||
| Key characteristics | Medium-gravity West African crude | Heavier North Sea crude | |
| Refining notes | Regional refining feedstock | Fuel oil feedstock | |
FAQ
Chinguetti vs Pierce questions
The spread, the quality gap and why each grade is a benchmark.
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Chinguetti Crude was $ and Pierce Crude $ per barrel, so Pierce traded at a premium of $0 over Chinguetti. Over the previous 30 shared price days the spread averaged -- $/bbl, with Pierce priced above Chinguetti on 0 day(s).
Chinguetti Crude is a medium/sweet Chinguetti field, offshore crude (28° API, 0.4% sulfur) and benchmark. Pierce Crude is a medium/sweet Pierce field, North Sea crude (20° API, 0.4% sulfur) and benchmark.