Murban
$66.68USD/BBL
▼ -37.78 (-56.66%)
- Class
- Light/Sour
- API
- 39.9°
- Sulfur
- 0.78%
Crude grade comparison
Murban vs North Caspian
Price, Murban spread, quality and refinery yields side by side. Updated .
VS
Murban – North Caspian spread
-- USD/BBL · Murban premium
North Caspian
--
--
- Class
- Light/Sour
- API
- 40°
- Sulfur
- 0.85%
Murban Crude vs North Caspian Crude: on July 06, 2026 Murban settled at $66.68/bbl (-56.66%) and North Caspian price information is not available. Murban is light/sour crude (39.9° API, 0.78% sulfur); North Caspian is light/sour crude (40° API, 0.85% sulfur).
Crude quality
Quality & refinery yields
How the two crudes differ in the barrel. Each property uses its own scale.
- Murban Crude
- North Caspian Crude
Physical & chemical properties
API gravityhigher = lighter
M39.9°
NC40°
Sulfur contenthigher = sourer
M0.78%
NC0.85%
Densityhigher = heavier
M0.82 g/cm³
NC0.82 g/cm³
Viscosityhigher = thicker
M3 cSt
NC4 cSt
Pour pointhigher = waxier
M-6 °C
NC-10 °C
Typical refinery yields
Gasoline% of barrel
M45-50%
NC48-52%
Diesel% of barrel
M30-35%
NC26-30%
Jet fuel% of barrel
M10-12'%
NC10-12'%
Residual fuel% of barrel
M08-10'%
NC08-12'%
Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.
Full specification comparison
| Property | Murban Crude | North Caspian Crude | Murban − North Caspian |
|---|---|---|---|
| Classification | |||
| Classification | Light/Sour | Light/Sour | |
| Origin | UAE (Abu Dhabi) | Kazakhstan (North Caspian Mangystau) | |
| Chemical properties | |||
| API gravity | 39.9° API | 40° API | -0.1 °API |
| Sulfur content | 0.78% | 0.85% | -0.07% |
| Density | 0.82 g/cm³ | 0.82 g/cm³ | 0 g/cm³ |
| Pour point | -6 °C | -10 °C | +4 °C |
| Viscosity | 3 cSt | 4 cSt | -1 cSt |
| Typical refinery yields | |||
| Gasoline | 45-50% | 48-52% | -2 pts |
| Diesel | 30-35% | 26-30% | +5 pts |
| Jet fuel | 10-12'% | 10-12'% | 0 pts |
| Residual fuel | 08-10'% | 08-12'% | -2 pts |
| Trading & logistics | |||
| Delivery basis | Fujairah (UAE) | Atyrau, CPC Pipeline | |
| Major exchanges | ICE (Murban Futures) | Argus, local differentials | |
| Export hub | Fujairah, Jebel Dhanna | Atyrau Region | |
| Main destinations | India, China, Japan, South Korea | Europe, Russia, local | |
| Benchmark type | Regional/Global | Regional (Caspian) | |
| Market profile | |||
| Key characteristics | UAE benchmark with active ICE futures, balanced light-sweet profile | Light sour Caspian blend, local/CPC distribution | |
| Refining notes | Good middle distillate yields (jet fuel, diesel) | Blended for domestic & export | |
FAQ
Murban vs North Caspian 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 North Caspian Crude $ per barrel, so North Caspian traded at a premium of $0 over Murban. Over the previous 30 shared price days the spread averaged -- $/bbl, with North Caspian 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. North Caspian Crude is a light/sour Kazakhstan (North Caspian Mangystau) crude (40° API, 0.85% sulfur) and Regional (Caspian) benchmark.