Crude grade comparison

Minas vs Bonga

Price, Minas spread, quality and refinery yields side by side. Updated .

Indonesia (Sumatra)

Minas

$113.77USD/BBL
■ 0.00(0.00%)
Class
Light/Sweet
API
35.3°
Sulfur
0.09%
VS
Minas – Bonga spread -- USD/BBL · Minas premium
Nigeria (Niger Delta FPSO offshore)

Bonga

--
--
Class
Light/Sweet
API
32.3°
Sulfur
0.2%

Minas Crude vs Bonga Crude: on March 01, 2026 Minas settled at $113.77/bbl (0.00%) and Bonga price information is not available. Minas is light/sweet crude (35.3° API, 0.09% sulfur); Bonga is light/sweet crude (32.3° API, 0.2% sulfur).

Crude quality

Quality & refinery yields

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

  • Minas Crude
  • Bonga Crude

Physical & chemical properties

API gravityhigher = lighter
M35.3°
B32.3°
Sulfur contenthigher = sourer
M0.09%
B0.2%
Densityhigher = heavier
M0.838 g/cm³
B0.849 g/cm³
Viscosityhigher = thicker
M3.1 cSt
B3.4 cSt
Pour pointhigher = waxier
M-5 °C
B-5 °C

Typical refinery yields

Gasoline% of barrel
M47-51%
B47-50%
Diesel% of barrel
M28-32%
B27-31%
Jet fuel% of barrel
M10-12'%
B01-12'%
Residual fuel% of barrel
M08-10'%
B10-12'%

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 Minas Crude and Bonga Crude
PropertyMinas CrudeBonga CrudeMinas − Bonga
Classification
ClassificationLight/SweetLight/Sweet
OriginIndonesia (Sumatra)Nigeria (Niger Delta FPSO offshore)
Chemical properties
API gravity35.3° API32.3° API+3 °API
Sulfur content0.09%0.2%-0.11%
Density0.838 g/cm³0.849 g/cm³-0.011 g/cm³
Pour point-5 °C-5 °C0 °C
Viscosity3.1 cSt3.4 cSt-0.3 cSt
Typical refinery yields
Gasoline47-51%47-50%+1 pts
Diesel28-32%27-31%+1 pts
Jet fuel10-12'%01-12'%0 pts
Residual fuel08-10'%10-12'%-2 pts
Trading & logistics
Delivery basisDumai, SumatraBonga FPSO terminal
Major exchangesIndonesia ICP; PlattsSpot differential
Export hubDumai, SumatraBonga FPSO
Main destinationsAsia-Pacific, EuropeEurope, Asia
Benchmark typeRegionalRegional (Spot)
Market profile
Key characteristicsIndonesian premium light sweet, clean fuel specsNigerian FPSO production, medium-light grade
Refining notesLight crude with high yields of light productsFPSO offshore production
FAQ

Minas vs Bonga 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 Bonga Crude $ per barrel, so Bonga traded at a premium of $0 over Minas. Over the previous 30 shared price days the spread averaged -- $/bbl, with Bonga 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. Bonga Crude is a light/sweet Nigeria (Niger Delta FPSO offshore) crude (32.3° API, 0.2% sulfur) and Regional (Spot) benchmark.