Kashagan Blend
- Class
- Medium/Sour
- API
- 30.5°
- Sulfur
- 1.7%
Price, Kashagan Blend spread, quality and refinery yields side by side. Updated .
Kashagan Blend Crude vs Basrah Kurmala Crude: on April 13, 2026 Kashagan Blend settled at $113.16/bbl (0.00%) and Basrah Kurmala at $117.62/bbl (0.00%), putting Basrah Kurmala $4.46 above Kashagan Blend. Kashagan Blend is medium/sour crude (30.5° API, 1.7% sulfur); Basrah Kurmala is medium/sour crude (32.2° API, 2% sulfur).
Daily assessed prices in USD per barrel and the spread between them.
Free view: last 30 days. Gaps mark days with no assessment. Subscribe for longer history and Excel export.
| Date | Kashagan Blend | Basrah Kurmala | Spread |
|---|---|---|---|
| 14 Apr 2026 | - | 117.62 | - |
| 07 Apr 2026 | - | 122.00 | - |
| 01 Mar 2026 | - | 117.62 | - |
| 13 Apr 2026 | 113.16 | - | - |
| Period | Kashagan Blend | Basrah Kurmala | ||||
|---|---|---|---|---|---|---|
| High | Low | Range | High | Low | Range | |
| 7 Days | - | - | -% | - | - | -% |
| 30 Days | - | - | -% | - | - | -% |
| 90 Days | - | - | -% | - | - | -% |
| 180 Days | - | - | -% | - | - | -% |
| 365 Days | 113.16 | 113.16 | 0% | 122 | 117.62 | 3.59% |
Range = (high − low) ÷ high.
| Date | Kashagan Blend | Chg | Basrah Kurmala | Chg | Spread |
|---|---|---|---|---|---|
| 113.16 | 0 | ||||
| 117.62 | 0 | ||||
| 122.00 | 0 | ||||
| 117.62 | -4.38 |
How the two crudes differ in the barrel. Each property uses its own scale.
Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.
| Property | Kashagan Blend Crude | Basrah Kurmala Crude | Kashagan Blend − Basrah Kurmala |
|---|---|---|---|
| Classification | |||
| Classification | Medium/Sour | Medium/Sour | |
| Origin | Kazakhstan (Caspian Kashagan field) | Iraq (Rumaila Kurmala layer) | |
| Chemical properties | |||
| API gravity | 30.5° API | 32.2° API | -1.7 °API |
| Sulfur content | 1.7% | 2% | -0.3% |
| Density | 0.88 g/cm³ | 0.86 g/cm³ | +0.02 g/cm³ |
| Pour point | 0 °C | 15 °C | -15 °C |
| Viscosity | 12 cSt | 8.5 cSt | +3.5 cSt |
| Typical refinery yields | |||
| Gasoline | 22-26% | 20-24% | +2 pts |
| Diesel | 35-39% | 38-42% | -3 pts |
| Jet fuel | 10-12'% | 10-12'% | 0 pts |
| Residual fuel | 20-26% | 18-22% | +4 pts |
| Trading & logistics | |||
| Delivery basis | CPC Novorossiysk terminal | Basrah terminals | |
| Major exchanges | Platts/Argus Med quotes | SOMO OSP differential | |
| Export hub | CPC Pipeline | Basrah terminals | |
| Main destinations | Europe | Asia | |
| Benchmark type | Regional (Mediterranean) | Regional | |
| Market profile | |||
| Key characteristics | High-pressure Caspian crude, complex operations | Iraqi segregated low-sulfur layer | |
| Refining notes | Requires specialized handling; high CO2 | Quality-segregated from main crude stream | |
The spread, the quality gap and why each grade is a benchmark.
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