Daqing
--
--
- Class
- Waxy/Sweet
- API
- 32.6°
- Sulfur
- 0.1%
Crude grade comparison
Daqing vs Nile Blend
VS
Daqing – Nile Blend spread
-- · Daqing premium
Nile Blend
--
--
- Class
- Waxy/Sweet
- API
- 35°
- Sulfur
- 0.05%
Daqing is waxy/sweet crude (32.6° API, 0.1% sulfur); Nile Blend is waxy/sweet crude (35° API, 0.05% sulfur).
Crude quality
Quality & refinery yields
How the two crudes differ in the barrel. Each property uses its own scale.
- Daqing Crude
- Nile Blend Crude
Physical & chemical properties
API gravityhigher = lighter
D32.6°
NB35°
Sulfur contenthigher = sourer
D0.1%
NB0.05%
Densityhigher = heavier
D g/cm³
NB g/cm³
Viscosityhigher = thicker
D cSt
NB cSt
Pour pointhigher = waxier
DHigh (waxy) °C
NBHigh (waxy) °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 | Daqing Crude | Nile Blend Crude | Daqing − Nile Blend |
|---|---|---|---|
| Classification | |||
| Classification | Waxy/Sweet | Waxy/Sweet | |
| Origin | Daqing field, Heilongjiang | Heglig/Unity fields | |
| Chemical properties | |||
| API gravity | 32.6° API | 35° API | -2.4 °API |
| Sulfur content | 0.1% | 0.05% | +0.05% |
| Density | g/cm³ | g/cm³ | 0 g/cm³ |
| Pour point | High (waxy) °C | High (waxy) °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 | FOB | ||
| Major exchanges | |||
| Export hub | Port Sudan | ||
| Main destinations | China domestic refining | Asia (China) | |
| Benchmark type | |||
| Market profile | |||
| Key characteristics | Light, low-sulphur, highly paraffinic Chinese crude | Light, low-sulphur but highly paraffinic South Sudanese/Sudanese crude | |
| Refining notes | Lube base/domestic refining feedstock | Regional refining feedstock | |
FAQ
Daqing vs Nile Blend questions
The spread, the quality gap and why each grade is a benchmark.
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Daqing Crude was $ and Nile Blend Crude $ per barrel, so Nile Blend traded at a premium of $0 over Daqing. Over the previous 30 shared price days the spread averaged -- $/bbl, with Nile Blend priced above Daqing on 0 day(s).
Daqing Crude is a waxy/sweet Daqing field, Heilongjiang crude (32.6° API, 0.1% sulfur) and benchmark. Nile Blend Crude is a waxy/sweet Heglig/Unity fields crude (35° API, 0.05% sulfur) and benchmark.
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