OPEC Reference Basket
$77.37USD/BBL
■ 0.00(0.00%)
- Class
- Medium/Sour
- API
- 32.7°
- Sulfur
- 1.77%
Crude grade comparison
OPEC Reference Basket vs Bouri
Price, OPEC Reference Basket spread, quality and refinery yields side by side. Updated .
VS
OPEC Reference Basket – Bouri spread
-- USD/BBL · OPEC Reference Basket premium
Bouri
--
--
- Class
- Medium/Sour
- API
- 26°
- Sulfur
- 1.8%
OPEC Reference Basket Crude vs Bouri Crude: on July 06, 2026 OPEC Reference Basket settled at $77.37/bbl (0.00%) and Bouri price information is not available. OPEC Reference Basket is medium/sour crude (32.7° API, 1.77% sulfur); Bouri is medium/sour crude (26° API, 1.8% sulfur).
Crude quality
Quality & refinery yields
How the two crudes differ in the barrel. Each property uses its own scale.
- OPEC Reference Basket Crude
- Bouri Crude
Physical & chemical properties
API gravityhigher = lighter
ORB32.7°
B26°
Sulfur contenthigher = sourer
ORB1.77%
B1.8%
Densityhigher = heavier
ORB0.86 g/cm³
B g/cm³
Viscosityhigher = thicker
ORB8 cSt
B cSt
Pour pointhigher = waxier
ORB10 °C
B °C
Typical refinery yields
Gasoline% of barrel
ORB18-22%
Diesel% of barrel
ORB38-42%
Jet fuel% of barrel
ORB10-12'%
Residual fuel% of barrel
ORB20-25%
Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.
Full specification comparison
| Property | OPEC Reference Basket Crude | Bouri Crude | OPEC Reference Basket − Bouri |
|---|---|---|---|
| Classification | |||
| Classification | Medium/Sour | Medium/Sour | |
| Origin | OPEC (various members) | Bouri field, offshore | |
| Chemical properties | |||
| API gravity | 32.7° API | 26° API | +6.7 °API |
| Sulfur content | 1.77% | 1.8% | -0.03% |
| Density | 0.86 g/cm³ | g/cm³ | +0.86 g/cm³ |
| Pour point | 10 °C | °C | +10 °C |
| Viscosity | 8 cSt | cSt | +8 cSt |
| Typical refinery yields | |||
| Gasoline | 18-22% | % | +22 pts |
| Diesel | 38-42% | % | +42 pts |
| Jet fuel | 10-12'% | % | +12 pts |
| Residual fuel | 20-25% | % | +25 pts |
| Trading & logistics | |||
| Delivery basis | N/A (composite) | FOB | |
| Major exchanges | OPEC | ||
| Export hub | N/A (composite index) | Offshore Libya | |
| Main destinations | Global (index tracking) | Mediterranean Europe | |
| Benchmark type | Global (index) | ||
| Market profile | |||
| Key characteristics | Composite of 13 OPEC crude grades, represents average OPEC quality | Medium sour offshore Libyan crude | |
| Refining notes | Represents avg. OPEC crude quality for policy tracking | Fuel oil feedstock | |
FAQ
OPEC Reference Basket vs Bouri questions
The spread, the quality gap and why each grade is a benchmark.
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July 06, 2026 OPEC Reference Basket Crude was $77.37 and Bouri Crude $ per barrel, so Bouri traded at a premium of $0 over OPEC Reference Basket. Over the previous 30 shared price days the spread averaged -- $/bbl, with Bouri priced above OPEC Reference Basket on 0 day(s).
OPEC Reference Basket Crude is a medium/sour OPEC (various members) crude (32.7° API, 1.77% sulfur) and Global (index) benchmark. Bouri Crude is a medium/sour Bouri field, offshore crude (26° API, 1.8% sulfur) and benchmark.
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