Merey
$90.47USD/BBL
■ 0.00(0.00%)
- Class
- Extra Heavy/Sour
- API
- 13°
- Sulfur
- 3.5%
Price, Merey spread, quality and refinery yields side by side. Updated .
Merey Crude vs Petrozuata Heavy Crude: on July 06, 2026 Merey settled at $90.47/bbl (0.00%) and Petrozuata Heavy price information is not available. Merey is extra heavy/sour crude (13° API, 3.5% sulfur); Petrozuata Heavy is extra heavy/sour crude (19-22 (upgraded/blended)° API, 2.7% sulfur).
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 | Merey Crude | Petrozuata Heavy Crude | Merey − Petrozuata Heavy |
|---|---|---|---|
| Classification | |||
| Classification | Extra Heavy/Sour | Extra Heavy/Sour | |
| Origin | Venezuela (Maracaibo Lake) | Orinoco Belt (Petrozuata project) | |
| Chemical properties | |||
| API gravity | 13° API | 19-22 (upgraded/blended)° API | -6 °API |
| Sulfur content | 3.5% | 2.7% | +0.8% |
| Density | 1.01 g/cm³ | g/cm³ | +1.01 g/cm³ |
| Pour point | 15 °C | °C | +15 °C |
| Viscosity | 350 cSt | cSt | +350 cSt |
| Typical refinery yields | |||
| Gasoline | Oct-15% | % | +15 pts |
| Diesel | 20-25% | % | +25 pts |
| Jet fuel | 03-05'% | % | +5 pts |
| Residual fuel | 45-50% | % | +50 pts |
| Trading & logistics | |||
| Delivery basis | Lake Maracaibo terminals | ||
| Major exchanges | Spot differential, limited pricing | ||
| Export hub | Jose Terminal, Lake Maracaibo | ||
| Main destinations | US Gulf cokers, Asia upgraders | US Gulf Coast | |
| Benchmark type | Regional/Specialty | ||
| Market profile | |||
| Key characteristics | Venezuelan extra-heavy, requires upgrading | Upgraded/blended Orinoco extra-heavy crude | |
| Refining notes | Requires significant processing; blending/upgrading | Coker feedstock | |
The spread, the quality gap and why each grade is a benchmark.
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