Minas
$113.77USD/BBL
■ 0.00(0.00%)
- Class
- Light/Sweet
- API
- 35.3°
- Sulfur
- 0.09%
Crude grade comparison
Minas vs Azeri Light (BTC)
Price, Minas spread, quality and refinery yields side by side. Updated .
VS
Minas – Azeri Light (BTC) spread
+29.68 USD/BBL · Minas premium
Azeri Light (BTC)
$84.09USD/BBL
▲ +0.93 (+1.11%)
- Class
- Light/Sweet
- API
- 35°
- Sulfur
- 0.15%
Minas Crude vs Azeri Light (BTC) Crude: on March 01, 2026 Minas settled at $113.77/bbl (0.00%) and Azeri Light (BTC) at $84.09/bbl (+1.11%), putting Minas $29.68 above Azeri Light (BTC). Minas is light/sweet crude (35.3° API, 0.09% sulfur); Azeri Light (BTC) is light/sweet crude (35° API, 0.15% sulfur).
Price history
Minas vs Azeri Light (BTC) price chart
Daily assessed prices in USD per barrel and the spread between them.
- 30-day Minas avg
- $113.77 30 shared days
- 30-day Azeri Light (BTC) avg
- $110.58 30 shared days
- Average spread
- +3.19 Minas minus Azeri Light (BTC)
- Days Minas above
- 0 / 30 widest $0 on
Minas – Azeri Light (BTC) spread $/bbl · above zero: Minas premium · below zero: Azeri Light (BTC) premium
Free view: last 30 days. Gaps mark days with no assessment. Subscribe for longer history and Excel export.
View as table
| Date | Minas | Azeri Light (BTC) | Spread |
|---|---|---|---|
| 10 Jun 2026 | - | 102.13 | - |
| 09 Jun 2026 | - | 103.93 | - |
| 08 Jun 2026 | - | 107.42 | - |
| 05 Jun 2026 | - | 111.26 | - |
| 04 Jun 2026 | - | 112.84 | - |
| 03 Jun 2026 | - | 109.82 | - |
| 02 Jun 2026 | - | 109.82 | - |
| 01 Jun 2026 | - | 116.39 | - |
| 29 May 2026 | - | 117.02 | - |
| 28 May 2026 | - | 120.03 | - |
| 27 May 2026 | - | 120.41 | - |
| 22 May 2026 | - | 126.93 | - |
| 21 May 2026 | - | 127.47 | - |
| 20 May 2026 | - | 131.26 | - |
| 19 May 2026 | - | 131.50 | - |
| 18 May 2026 | - | 131.92 | - |
| 15 May 2026 | - | 115.52 | - |
| 14 May 2026 | - | 127.36 | - |
| 12 May 2026 | - | 126.70 | - |
| 11 May 2026 | - | 126.15 | - |
| 08 May 2026 | - | 121.96 | - |
| 07 May 2026 | - | 122.33 | - |
| 05 May 2026 | - | 130.94 | - |
| 04 May 2026 | - | 130.94 | - |
| 01 May 2026 | - | 130.94 | - |
| 29 Apr 2026 | - | 128.77 | - |
| 28 Apr 2026 | - | 128.77 | - |
| 27 Apr 2026 | - | 126.90 | - |
| 26 Apr 2026 | - | 112.10 | - |
| 11 Apr 2026 | - | 119.00 | - |
| 01 Mar 2026 | 113.77 | - | - |
Price analysis
Highs and lows by period
| Period | Minas | Azeri Light (BTC) | ||||
|---|---|---|---|---|---|---|
| High | Low | Range | High | Low | Range | |
| 7 Days | - | - | -% | - | - | -% |
| 30 Days | - | - | -% | - | - | -% |
| 90 Days | - | - | -% | - | - | -% |
| 180 Days | - | - | -% | 131.92 | 83.16 | 36.96% |
| 365 Days | 113.77 | 113.77 | 0% | 131.92 | 83.16 | 36.96% |
Range = (high − low) ÷ high.
Daily prices
Recent prices & spread
| Date | Minas | Chg | Azeri Light (BTC) | Chg | Spread |
|---|---|---|---|---|---|
| 113.77 | 0 | ||||
| 119.00 | 0 | ||||
| 112.10 | -6.9 | ||||
| 126.90 | +14.8 | ||||
| 128.77 | +1.87 |
Full daily history for both grades since 2019 is available to subscribers.Subscribe now
Crude quality
Quality & refinery yields
How the two crudes differ in the barrel. Each property uses its own scale.
- Minas Crude
- Azeri Light (BTC) Crude
Physical & chemical properties
API gravityhigher = lighter
M35.3°
AL(35°
Sulfur contenthigher = sourer
M0.09%
AL(0.15%
Densityhigher = heavier
M0.838 g/cm³
AL(0.851 g/cm³
Viscosityhigher = thicker
M3.1 cSt
AL(4.2 cSt
Pour pointhigher = waxier
M-5 °C
AL(15 °C
Typical refinery yields
Gasoline% of barrel
M47-51%
AL(48-52%
Diesel% of barrel
M28-32%
AL(28-32%
Jet fuel% of barrel
M10-12'%
AL(01-12'%
Residual fuel% of barrel
M08-10'%
AL(08-10'%
Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.
Full specification comparison
| Property | Minas Crude | Azeri Light (BTC) Crude | Minas − Azeri Light (BTC) |
|---|---|---|---|
| Classification | |||
| Classification | Light/Sweet | Light/Sweet | |
| Origin | Indonesia (Sumatra) | Azerbaijan (Caspian Sea) | |
| Chemical properties | |||
| API gravity | 35.3° API | 35° API | +0.3 °API |
| Sulfur content | 0.09% | 0.15% | -0.06% |
| Density | 0.838 g/cm³ | 0.851 g/cm³ | -0.013 g/cm³ |
| Pour point | -5 °C | 15 °C | -20 °C |
| Viscosity | 3.1 cSt | 4.2 cSt | -1.1 cSt |
| Typical refinery yields | |||
| Gasoline | 47-51% | 48-52% | -1 pts |
| Diesel | 28-32% | 28-32% | 0 pts |
| Jet fuel | 10-12'% | 01-12'% | 0 pts |
| Residual fuel | 08-10'% | 08-10'% | 0 pts |
| Trading & logistics | |||
| Delivery basis | Dumai, Sumatra | Ceyhan (Turkey) | |
| Major exchanges | Indonesia ICP; Platts | Platts, Argus (Med CIF) | |
| Export hub | Dumai, Sumatra | Ceyhan, Turkey (via BTC pipeline) | |
| Main destinations | Asia-Pacific, Europe | Europe, Mediterranean | |
| Benchmark type | Regional | Regional (Med) | |
| Market profile | |||
| Key characteristics | Indonesian premium light sweet, clean fuel specs | Caspian light sweet, BTC pipeline to Mediterranean | |
| Refining notes | Light crude with high yields of light products | High gasoline & kerosene yields; low residual output | |
FAQ
Minas vs Azeri Light (BTC) questions
The spread, the quality gap and why each grade is a benchmark.
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March 01, 2026 Minas Crude was $113.77 and Azeri Light (BTC) Crude $84.09 per barrel, so Minas traded at a premium of $+29.68 over Azeri Light (BTC). Over the previous 30 shared price days the spread averaged +3.19 $/bbl, with Azeri Light (BTC) priced above Minas on 0 day(s).
Minas Crude is a light/sweet Indonesia (Sumatra) crude (35.3° API, 0.09% sulfur) and Regional benchmark. Azeri Light (BTC) Crude is a light/sweet Azerbaijan (Caspian Sea) crude (35° API, 0.15% sulfur) and Regional (Med) benchmark.