Crude grade comparison

Cold Lake Blend vs Alba (U.K.)

VS
Cold Lake Blend – Alba (U.K.) spread -- · Cold Lake Blend premium
Alba field, North Sea

Alba (U.K.)

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Class
Heavy/Sour
API
19.5°
Sulfur
1.2%

Cold Lake Blend is heavy/sour crude (18° API, 4.2% sulfur); Alba (U.K.) is heavy/sour crude (19.5° API, 1.2% sulfur).

Crude quality

Quality & refinery yields

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

  • Cold Lake Blend Crude
  • Alba (U.K.) Crude

Physical & chemical properties

API gravityhigher = lighter
CLB18°
A(19.5°
Sulfur contenthigher = sourer
CLB4.2%
A(1.2%
Densityhigher = heavier
CLB0.95 g/cm³
A( g/cm³
Viscosityhigher = thicker
CLB220 cSt
A( cSt
Pour pointhigher = waxier
CLB-22 °C
A( °C

Typical refinery yields

Gasoline% of barrel
CLB18-22%
Diesel% of barrel
CLB26-30%
Jet fuel% of barrel
CLB04-06'%
Residual fuel% of barrel
CLB35-40%

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 Cold Lake Blend Crude and Alba (U.K.) Crude
PropertyCold Lake Blend CrudeAlba (U.K.) CrudeCold Lake Blend − Alba (U.K.)
Classification
ClassificationHeavy/SourHeavy/Sour
OriginCanada (Alberta)Alba field, North Sea
Chemical properties
API gravity18° API19.5° API-1.5 °API
Sulfur content4.2%1.2%+3%
Density0.95 g/cm³ g/cm³+0.95 g/cm³
Pour point-22 °C °C-22 °C
Viscosity220 cSt cSt+220 cSt
Typical refinery yields
Gasoline18-22%%+22 pts
Diesel26-30%%+30 pts
Jet fuel04-06'%%+6 pts
Residual fuel35-40%%+40 pts
Trading & logistics
Delivery basisHardisty NetworkFOB
Major exchangesHardisty differentials
Export hubEdmonton, HardistySullom Voe area/offshore loading
Main destinationsUS Midwest cokers, upgradersNorthwest Europe
Benchmark typeRegional (N. America)
Market profile
Key characteristicsSAGD in-situ bitumen blend, requires upgradingHeavier, higher-sulphur North Sea grade (atypical for North Sea)
Refining notesThermal recovery bitumen; needs coking/upgradingFuel oil/heavy distillate blend feedstock
FAQ

Cold Lake Blend vs Alba (U.K.) questions

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

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

Cold Lake Blend Crude is a heavy/sour Canada (Alberta) crude (18° API, 4.2% sulfur) and Regional (N. America) benchmark. Alba (U.K.) Crude is a heavy/sour Alba field, North Sea crude (19.5° API, 1.2% sulfur) and benchmark.