Crude grade comparison

Murban vs ESPO Blend

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

UAE (Abu Dhabi)

Murban

$66.68USD/BBL
▼ -37.78 (-56.66%)
Class
Light/Sour
API
39.9°
Sulfur
0.78%
VS
Murban – ESPO Blend spread -- USD/BBL · Murban premium
Russia (Far East, Siberia)

ESPO Blend

--
--
Class
Light/Sour
API
34°
Sulfur
0.54%

Murban Crude vs ESPO Blend Crude: on July 06, 2026 Murban settled at $66.68/bbl (-56.66%) and ESPO Blend price information is not available. Murban is light/sour crude (39.9° API, 0.78% sulfur); ESPO Blend is light/sour crude (34° API, 0.54% sulfur).

Crude quality

Quality & refinery yields

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

  • Murban Crude
  • ESPO Blend Crude

Physical & chemical properties

API gravityhigher = lighter
M39.9°
EB34°
Sulfur contenthigher = sourer
M0.78%
EB0.54%
Densityhigher = heavier
M0.82 g/cm³
EB0.854 g/cm³
Viscosityhigher = thicker
M3 cSt
EB5.2 cSt
Pour pointhigher = waxier
M-6 °C
EB-20 °C

Typical refinery yields

Gasoline% of barrel
M45-50%
EB45-48%
Diesel% of barrel
M30-35%
EB30-34%
Jet fuel% of barrel
M10-12'%
EB01-12'%
Residual fuel% of barrel
M08-10'%
EB06-08'%

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 Murban Crude and ESPO Blend Crude
PropertyMurban CrudeESPO Blend CrudeMurban − ESPO Blend
Classification
ClassificationLight/SourLight/Sour
OriginUAE (Abu Dhabi)Russia (Far East, Siberia)
Chemical properties
API gravity39.9° API34° API+5.9 °API
Sulfur content0.78%0.54%+0.24%
Density0.82 g/cm³0.854 g/cm³-0.034 g/cm³
Pour point-6 °C-20 °C+14 °C
Viscosity3 cSt5.2 cSt-2.2 cSt
Typical refinery yields
Gasoline45-50%45-48%+2 pts
Diesel30-35%30-34%+1 pts
Jet fuel10-12'%01-12'%0 pts
Residual fuel08-10'%06-08'%+2 pts
Trading & logistics
Delivery basisFujairah (UAE)Kozmino, De-Kastri
Major exchangesICE (Murban Futures)Platts (FOB Kozmino); ICE
Export hubFujairah, Jebel DhannaKozmino (ESPO terminus)
Main destinationsIndia, China, Japan, South KoreaChina, Japan, South Korea, Asia
Benchmark typeRegional/GlobalRegional (Asia)
Market profile
Key characteristicsUAE benchmark with active ICE futures, balanced light-sweet profileRussia's Pacific export pipeline blend, Asian demand
Refining notesGood middle distillate yields (jet fuel, diesel)Desired by Asia refiners; good diesel yield, low-sulfur fuel oil
FAQ

Murban vs ESPO Blend questions

The spread, the quality gap and why each grade is a benchmark.

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July 06, 2026 Murban Crude was $66.68 and ESPO Blend Crude $ per barrel, so ESPO Blend traded at a premium of $0 over Murban. Over the previous 30 shared price days the spread averaged -- $/bbl, with ESPO Blend priced above Murban on 0 day(s).

Murban Crude is a light/sour UAE (Abu Dhabi) crude (39.9° API, 0.78% sulfur) and Regional/Global benchmark. ESPO Blend Crude is a light/sour Russia (Far East, Siberia) crude (34° API, 0.54% sulfur) and Regional (Asia) benchmark.