Minas
$113.77USD/BBL
■ 0.00(0.00%)
- Class
- Light/Sweet
- API
- 35.3°
- Sulfur
- 0.09%
Crude grade comparison
Minas vs Cabinda
Price, Minas spread, quality and refinery yields side by side. Updated .
VS
Minas – Cabinda spread
+50.21 USD/BBL · Minas premium
Cabinda
$63.56USD/BBL
▲ +1.24 (+1.95%)
- Class
- Light/Sweet
- API
- 32°
- Sulfur
- 0.2%
Minas Crude vs Cabinda Crude: on March 01, 2026 Minas settled at $113.77/bbl (0.00%) and Cabinda at $63.56/bbl (+1.95%), putting Minas $50.21 above Cabinda. Minas is light/sweet crude (35.3° API, 0.09% sulfur); Cabinda is light/sweet crude (32° API, 0.2% sulfur).
Price history
Minas vs Cabinda 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 Cabinda avg
- $89.21 30 shared days
- Average spread
- +24.56 Minas minus Cabinda
- Days Minas above
- 0 / 30 widest $0 on
Minas – Cabinda spread $/bbl · above zero: Minas premium · below zero: Cabinda premium
Free view: last 30 days. Gaps mark days with no assessment. Subscribe for longer history and Excel export.
View as table
| Date | Minas | Cabinda | Spread |
|---|---|---|---|
| 25 Jun 2026 | - | 67.34 | - |
| 23 Jun 2026 | - | 72.92 | - |
| 22 Jun 2026 | - | 77.50 | - |
| 18 Jun 2026 | - | 74.17 | - |
| 17 Jun 2026 | - | 77.81 | - |
| 16 Jun 2026 | - | 81.83 | - |
| 15 Jun 2026 | - | 82.71 | - |
| 12 Jun 2026 | - | 87.75 | - |
| 10 Jun 2026 | - | 90.52 | - |
| 09 Jun 2026 | - | 94.09 | - |
| 08 Jun 2026 | - | 98.29 | - |
| 05 Jun 2026 | - | 95.97 | - |
| 04 Jun 2026 | - | 97.68 | - |
| 03 Jun 2026 | - | 97.41 | - |
| 02 Jun 2026 | - | 93.48 | - |
| 01 Jun 2026 | - | 93.48 | - |
| 29 May 2026 | - | 92.72 | - |
| 28 May 2026 | - | 95.73 | - |
| 27 May 2026 | - | 96.11 | - |
| 22 May 2026 | - | 102.63 | - |
| 21 May 2026 | - | 103.17 | - |
| 20 May 2026 | - | 111.75 | - |
| 18 May 2026 | - | 113.25 | - |
| 12 May 2026 | - | 106.43 | - |
| 11 May 2026 | - | 107.39 | - |
| 08 May 2026 | - | 102.71 | - |
| 28 Apr 2026 | - | 107.37 | - |
| 27 Apr 2026 | - | 108.50 | - |
| 24 Apr 2026 | - | 105.33 | - |
| 08 Mar 2026 | - | 88.93 | - |
| 01 Mar 2026 | 113.77 | - | - |
Price analysis
Highs and lows by period
| Period | Minas | Cabinda | ||||
|---|---|---|---|---|---|---|
| High | Low | Range | High | Low | Range | |
| 7 Days | - | - | -% | - | - | -% |
| 30 Days | - | - | -% | - | - | -% |
| 90 Days | - | - | -% | - | - | -% |
| 180 Days | - | - | -% | 113.25 | 62.32 | 44.97% |
| 365 Days | 113.77 | 113.77 | 0% | 113.25 | 62.32 | 44.97% |
Range = (high − low) ÷ high.
Daily prices
Recent prices & spread
| Date | Minas | Chg | Cabinda | Chg | Spread |
|---|---|---|---|---|---|
| 113.77 | 0 | ||||
| 88.93 | 0 | ||||
| 105.33 | +16.4 | ||||
| 108.50 | +3.17 | ||||
| 107.37 | -1.13 |
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
- Cabinda Crude
Physical & chemical properties
API gravityhigher = lighter
M35.3°
C32°
Sulfur contenthigher = sourer
M0.09%
C0.2%
Densityhigher = heavier
M0.838 g/cm³
C0.865 g/cm³
Viscosityhigher = thicker
M3.1 cSt
C6.8 cSt
Pour pointhigher = waxier
M-5 °C
C3 °C
Typical refinery yields
Gasoline% of barrel
M47-51%
C42-46%
Diesel% of barrel
M28-32%
C32-36%
Jet fuel% of barrel
M10-12'%
C01-12'%
Residual fuel% of barrel
M08-10'%
C08-12'%
Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.
Full specification comparison
| Property | Minas Crude | Cabinda Crude | Minas − Cabinda |
|---|---|---|---|
| Classification | |||
| Classification | Light/Sweet | Light/Sweet | |
| Origin | Indonesia (Sumatra) | Angola (Offshore Cabinda) | |
| Chemical properties | |||
| API gravity | 35.3° API | 32° API | +3.3 °API |
| Sulfur content | 0.09% | 0.2% | -0.11% |
| Density | 0.838 g/cm³ | 0.865 g/cm³ | -0.027 g/cm³ |
| Pour point | -5 °C | 3 °C | -8 °C |
| Viscosity | 3.1 cSt | 6.8 cSt | -3.7 cSt |
| Typical refinery yields | |||
| Gasoline | 47-51% | 42-46% | +5 pts |
| Diesel | 28-32% | 32-36% | -4 pts |
| Jet fuel | 10-12'% | 01-12'% | 0 pts |
| Residual fuel | 08-10'% | 08-12'% | -2 pts |
| Trading & logistics | |||
| Delivery basis | Dumai, Sumatra | Cabinda FPSOs | |
| Major exchanges | Indonesia ICP; Platts | Spot differential to Brent | |
| Export hub | Dumai, Sumatra | Cabinda FPSO terminals | |
| Main destinations | Asia-Pacific, Europe | Europe, US East Coast, Asia | |
| Benchmark type | Regional | Regional/Spot | |
| Market profile | |||
| Key characteristics | Indonesian premium light sweet, clean fuel specs | Angolan premium offshore, high-grade deepwater | |
| Refining notes | Light crude with high yields of light products | FPSO offshore production, consistent quality | |
FAQ
Minas vs Cabinda 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 Cabinda Crude $63.56 per barrel, so Minas traded at a premium of $+50.21 over Cabinda. Over the previous 30 shared price days the spread averaged +24.56 $/bbl, with Cabinda 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. Cabinda Crude is a light/sweet Angola (Offshore Cabinda) crude (32° API, 0.2% sulfur) and Regional/Spot benchmark.