Crude grade comparison

Grane vs Shengli

Grane field, North Sea

Grane

--
--
Class
Medium Heavy/Sour
API
19°
Sulfur
0.7%
VS
Grane – Shengli spread -- · Grane premium
Shengli field, Shandong

Shengli

--
--
Class
Medium Heavy/Sour
API
24°
Sulfur
1%

Grane is medium heavy/sour crude (19° API, 0.7% sulfur); Shengli is medium heavy/sour crude (24° API, 1% sulfur).

Crude quality

Quality & refinery yields

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

  • Grane Crude
  • Shengli Crude

Physical & chemical properties

API gravityhigher = lighter
G19°
S24°
Sulfur contenthigher = sourer
G0.7%
S1%
Densityhigher = heavier
G g/cm³
S g/cm³
Viscosityhigher = thicker
G cSt
S cSt
Pour pointhigher = waxier
G °C
S °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 Grane Crude and Shengli Crude
PropertyGrane CrudeShengli CrudeGrane − Shengli
Classification
ClassificationMedium Heavy/SourMedium Heavy/Sour
OriginGrane field, North SeaShengli field, Shandong
Chemical properties
API gravity19° API24° API-5 °API
Sulfur content0.7%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 destinationsNorthwest Europe, USChina
Benchmark type
Market profile
Key characteristicsHeavier, higher-sulphur North Sea crudeMedium-heavy Chinese onshore/offshore crude
Refining notesFuel oil feedstockFuel oil feedstock
FAQ

Grane vs Shengli questions

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

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

Grane Crude is a medium heavy/sour Grane field, North Sea crude (19° API, 0.7% sulfur) and benchmark. Shengli Crude is a medium heavy/sour Shengli field, Shandong crude (24° API, 1% sulfur) and benchmark.