Murban
$66.68USD/BBL
▼ -37.78 (-56.66%)
- Class
- Light/Sour
- API
- 39.9°
- Sulfur
- 0.78%
Price, Murban spread, quality and refinery yields side by side. Updated .
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).
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 | Murban Crude | ESPO Blend Crude | Murban − ESPO Blend |
|---|---|---|---|
| Classification | |||
| Classification | Light/Sour | Light/Sour | |
| Origin | UAE (Abu Dhabi) | Russia (Far East, Siberia) | |
| Chemical properties | |||
| API gravity | 39.9° API | 34° API | +5.9 °API |
| Sulfur content | 0.78% | 0.54% | +0.24% |
| Density | 0.82 g/cm³ | 0.854 g/cm³ | -0.034 g/cm³ |
| Pour point | -6 °C | -20 °C | +14 °C |
| Viscosity | 3 cSt | 5.2 cSt | -2.2 cSt |
| Typical refinery yields | |||
| Gasoline | 45-50% | 45-48% | +2 pts |
| Diesel | 30-35% | 30-34% | +1 pts |
| Jet fuel | 10-12'% | 01-12'% | 0 pts |
| Residual fuel | 08-10'% | 06-08'% | +2 pts |
| Trading & logistics | |||
| Delivery basis | Fujairah (UAE) | Kozmino, De-Kastri | |
| Major exchanges | ICE (Murban Futures) | Platts (FOB Kozmino); ICE | |
| Export hub | Fujairah, Jebel Dhanna | Kozmino (ESPO terminus) | |
| Main destinations | India, China, Japan, South Korea | China, Japan, South Korea, Asia | |
| Benchmark type | Regional/Global | Regional (Asia) | |
| Market profile | |||
| Key characteristics | UAE benchmark with active ICE futures, balanced light-sweet profile | Russia's Pacific export pipeline blend, Asian demand | |
| Refining notes | Good middle distillate yields (jet fuel, diesel) | Desired by Asia refiners; good diesel yield, low-sulfur fuel oil | |
The spread, the quality gap and why each grade is a benchmark.
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