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Crude grade comparison

Oman Blend vs Basrah Light

Price, Oman Blend spread, quality and refinery yields side by side. Updated .

Oman (Fahud, Lekhwair, Yibal)

Oman Blend

$64.15USD/BBL
▲ +0.74 (+1.15%)
Class
Medium/Sour
API
34°
Sulfur
1.65%
VS
Oman Blend – Basrah Light spread -44.24 USD/BBL · Oman Blend premium
Iraq (Basra, Persian Gulf)

Basrah Light

$108.39USD/BBL
■ 0.00(0.00%)
Class
Medium/Sour
API
30.5°
Sulfur
2.9%

Oman Blend Crude vs Basrah Light Crude: on July 06, 2026 Oman Blend settled at $64.15/bbl (+1.15%) and Basrah Light at $108.39/bbl (0.00%), putting Basrah Light $44.24 above Oman Blend. Oman Blend is medium/sour crude (34° API, 1.65% sulfur); Basrah Light is medium/sour crude (30.5° API, 2.9% sulfur).

Price history

Oman Blend vs Basrah Light price chart

Daily assessed prices in USD per barrel and the spread between them.

  • Oman Blend Crude
  • Basrah Light Crude
30-day Oman Blend avg
$91.30
30 shared days
30-day Basrah Light avg
$108.27
30 shared days
Average spread
-16.97
Oman Blend minus Basrah Light
Days Oman Blend above
1 / 30
widest $27.23 on 2026-04-29

Oman Blend – Basrah Light spread $/bbl · above zero: Oman Blend premium · below zero: Basrah Light premium

Free view: last 30 days. Gaps mark days with no assessment. Subscribe for longer history and Excel export.

View as table
DateOman BlendBasrah LightSpread
06 Jul 2026-108.39-
02 Jul 2026-108.39-
01 Jul 2026-108.39-
29 Jun 2026-73.15-
26 Jun 2026-108.39-
25 Jun 2026-108.39-
18 Jun 2026-108.39-
17 Jun 2026-108.39-
16 Jun 2026-108.39-
12 Jun 2026-108.39-
11 Jun 2026-108.39-
10 Jun 2026-108.39-
09 Jun 2026-108.39-
01 May 2026-117.62-
05 Jun 202696.49108.39-11.9
04 Jun 202696.49--
03 Jun 202691.96--
02 Jun 202692.06--
01 Jun 202691.41--
29 May 2026103.50--
28 May 2026103.49--
27 May 202695.56108.39-12.83
22 May 2026100.53108.39-7.86
21 May 2026102.95--
20 May 2026109.25--
19 May 2026106.45117.62-11.17
18 May 2026107.37--
15 May 2026104.78117.62-12.84
14 May 2026104.81117.62-12.81
13 May 2026104.64--
12 May 2026104.74--
11 May 2026101.00--
08 May 202697.92--
07 May 202696.64117.62-20.98
06 May 2026103.25117.62-14.37
05 May 2026106.16117.62-11.46
04 May 2026102.04117.62-15.58
29 Apr 202694.0066.77+27.23
28 Apr 2026103.48--
27 Apr 2026102.37--
24 Apr 2026106.53--
20 Apr 2026104.46--
17 Apr 2026101.91--
14 Apr 2026103.19--
Price analysis

Highs and lows by period

PeriodOman BlendBasrah Light
HighLowRangeHighLowRange
7 Days---%---%
30 Days---%---%
90 Days---%---%
180 Days109.2563.4141.96%117.6273.1537.81%
365 Days109.2563.4141.96%117.6266.7743.23%

Range = (high − low) ÷ high.

Daily prices

Recent prices & spread

DateOman BlendChgBasrah LightChgSpread
103.190
101.91-1.28
104.46+2.55
106.53+2.07
102.37-4.16
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.

  • Oman Blend Crude
  • Basrah Light Crude

Physical & chemical properties

API gravityhigher = lighter
OB34°
BL30.5°
Sulfur contenthigher = sourer
OB1.65%
BL2.9%
Densityhigher = heavier
OB0.855 g/cm³
BL0.872 g/cm³
Viscosityhigher = thicker
OB7.2 cSt
BL9.8 cSt
Pour pointhigher = waxier
OB3 °C
BL18 °C

Typical refinery yields

Gasoline% of barrel
OB21-24%
BL18-22%
Diesel% of barrel
OB36-40%
BL40-44%
Jet fuel% of barrel
OB01-12'%
BL08-10'%
Residual fuel% of barrel
OB01-10'%
BL22-28%

Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.

Full specification comparison

PropertyOman Blend CrudeBasrah Light CrudeOman Blend − Basrah Light
Classification
ClassificationMedium/SourMedium/Sour
OriginOman (Fahud, Lekhwair, Yibal)Iraq (Basra, Persian Gulf)
Chemical properties
API gravity34° API30.5° API+3.5 °API
Sulfur content1.65%2.9%-1.25%
Density0.855 g/cm³0.872 g/cm³-0.017 g/cm³
Pour point3 °C18 °C-15 °C
Viscosity7.2 cSt9.8 cSt-2.6 cSt
Typical refinery yields
Gasoline21-24%18-22%+2 pts
Diesel36-40%40-44%-4 pts
Jet fuel01-12'%08-10'%+2 pts
Residual fuel01-10'%22-28%-18 pts
Trading & logistics
Delivery basisMina Al-Fahal, Oman exportBasra (Persian Gulf) terminals
Major exchangesDME (Oman Futures); CME; GMESOMO OSP (vs Dubai/Oman)
Export hubMina Al-FahalAl-Amiq Terminal, Khor al-Amaya, Mina al-Bakr
Main destinationsChina, India, South Korea, JapanAsia, Europe
Benchmark typeRegional (Asia)Regional (Middle East)
Market profile
Key characteristicsEast of Suez benchmark, DME futures most liquid sour crude contractIraq's flagship crude, high residual content
Refining notesMedium sour crude, requires cracking/desulfurizationHigh residual fuel content; used in complex refineries
FAQ

Oman Blend vs Basrah Light questions

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

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July 06, 2026 Oman Blend Crude was $64.15 and Basrah Light Crude $108.39 per barrel, so Basrah Light traded at a premium of $44.24 over Oman Blend. Over the previous 30 shared price days the spread averaged -16.97 $/bbl, with Basrah Light priced above Oman Blend on 1 day(s).

Oman Blend Crude is a medium/sour Oman (Fahud, Lekhwair, Yibal) crude (34° API, 1.65% sulfur) and Regional (Asia) benchmark. Basrah Light Crude is a medium/sour Iraq (Basra, Persian Gulf) crude (30.5° API, 2.9% sulfur) and Regional (Middle East) benchmark.
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