Urals (REBCO)
$108.57USD/BBL
▲ +2.58 (+2.38%)
- Class
- Medium/Sour
- API
- 32°
- Sulfur
- 1.3%
Crude grade comparison
Urals (REBCO) vs Basrah Light
Price, Urals (REBCO) spread, quality and refinery yields side by side. Updated .
VS
Urals (REBCO) – Basrah Light spread
+0.17999999999999 USD/BBL · Urals (REBCO) premium
Basrah Light
$108.39USD/BBL
■ 0.00(0.00%)
- Class
- Medium/Sour
- API
- 30.5°
- Sulfur
- 2.9%
Urals (REBCO) Crude vs Basrah Light Crude: on April 28, 2026 Urals (REBCO) settled at $108.57/bbl (+2.38%) and Basrah Light at $108.39/bbl (0.00%), putting Urals (REBCO) $0.17999999999999 above Basrah Light. Urals (REBCO) is medium/sour crude (32° API, 1.3% sulfur); Basrah Light is medium/sour crude (30.5° API, 2.9% sulfur).
Price history
Urals (REBCO) vs Basrah Light price chart
Daily assessed prices in USD per barrel and the spread between them.
- 30-day Urals (REBCO) avg
- $101.14 30 shared days
- 30-day Basrah Light avg
- $108.27 30 shared days
- Average spread
- -7.13 Urals (REBCO) minus Basrah Light
- Days Urals (REBCO) above
- 0 / 30 widest $0 on
Urals (REBCO) – Basrah Light spread $/bbl · above zero: Urals (REBCO) 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
| Date | Urals (REBCO) | Basrah Light | Spread |
|---|---|---|---|
| 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 | - |
| 05 Jun 2026 | - | 108.39 | - |
| 27 May 2026 | - | 108.39 | - |
| 22 May 2026 | - | 108.39 | - |
| 19 May 2026 | - | 117.62 | - |
| 15 May 2026 | - | 117.62 | - |
| 14 May 2026 | - | 117.62 | - |
| 07 May 2026 | - | 117.62 | - |
| 06 May 2026 | - | 117.62 | - |
| 05 May 2026 | - | 117.62 | - |
| 04 May 2026 | - | 117.62 | - |
| 01 May 2026 | - | 117.62 | - |
| 29 Apr 2026 | - | 66.77 | - |
| 28 Apr 2026 | 108.57 | - | - |
| 24 Apr 2026 | 105.99 | - | - |
| 20 Apr 2026 | 102.67 | - | - |
| 10 Apr 2026 | 114.66 | - | - |
| 01 Mar 2026 | 73.80 | - | - |
Price analysis
Highs and lows by period
| Period | Urals (REBCO) | Basrah Light | ||||
|---|---|---|---|---|---|---|
| High | Low | Range | High | Low | Range | |
| 7 Days | - | - | -% | - | - | -% |
| 30 Days | - | - | -% | - | - | -% |
| 90 Days | - | - | -% | - | - | -% |
| 180 Days | - | - | -% | 117.62 | 73.15 | 37.81% |
| 365 Days | 114.66 | 73.8 | 35.64% | 117.62 | 66.77 | 43.23% |
Range = (high − low) ÷ high.
Daily prices
Recent prices & spread
| Date | Urals (REBCO) | Chg | Basrah Light | Chg | Spread |
|---|---|---|---|---|---|
| 73.80 | 0 | ||||
| 114.66 | 0 | ||||
| 102.67 | -11.99 | ||||
| 105.99 | +3.32 | ||||
| 108.57 | +2.58 |
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.
- Urals (REBCO) Crude
- Basrah Light Crude
Physical & chemical properties
API gravityhigher = lighter
U(32°
BL30.5°
Sulfur contenthigher = sourer
U(1.3%
BL2.9%
Densityhigher = heavier
U(0.85 g/cm³
BL0.872 g/cm³
Viscosityhigher = thicker
U(8 cSt
BL9.8 cSt
Pour pointhigher = waxier
U(-10 °C
BL18 °C
Typical refinery yields
Gasoline% of barrel
U(22-26%
BL18-22%
Diesel% of barrel
U(38-42%
BL40-44%
Jet fuel% of barrel
U(08-10'%
BL08-10'%
Residual fuel% of barrel
U(25-30%
BL22-28%
Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.
Full specification comparison
| Property | Urals (REBCO) Crude | Basrah Light Crude | Urals (REBCO) − Basrah Light |
|---|---|---|---|
| Classification | |||
| Classification | Medium/Sour | Medium/Sour | |
| Origin | Russia (Ural-Volga) | Iraq (Basra, Persian Gulf) | |
| Chemical properties | |||
| API gravity | 32° API | 30.5° API | +1.5 °API |
| Sulfur content | 1.3% | 2.9% | -1.6% |
| Density | 0.85 g/cm³ | 0.872 g/cm³ | -0.022 g/cm³ |
| Pour point | -10 °C | 18 °C | -28 °C |
| Viscosity | 8 cSt | 9.8 cSt | -1.8 cSt |
| Typical refinery yields | |||
| Gasoline | 22-26% | 18-22% | +4 pts |
| Diesel | 38-42% | 40-44% | -2 pts |
| Jet fuel | 08-10'% | 08-10'% | 0 pts |
| Residual fuel | 25-30% | 22-28% | +2 pts |
| Trading & logistics | |||
| Delivery basis | Multiple routes (Europe/Black Sea) | Basra (Persian Gulf) terminals | |
| Major exchanges | Argus, Platts (CIF Augusta/Rotterdam) | SOMO OSP (vs Dubai/Oman) | |
| Export hub | Primorsk & Ust-Luga (Baltic); Novorossiysk (Black Sea) | Al-Amiq Terminal, Khor al-Amaya, Mina al-Bakr | |
| Main destinations | Europe, Asia | Asia, Europe | |
| Benchmark type | Regional (Europe) | Regional (Middle East) | |
| Market profile | |||
| Key characteristics | Russia's primary export blend, seasonal ice challenges | Iraq's flagship crude, high residual content | |
| Refining notes | Yields high-sulfur fuel oil; needs complex refining | High residual fuel content; used in complex refineries | |
FAQ
Urals (REBCO) vs Basrah Light questions
The spread, the quality gap and why each grade is a benchmark.
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April 28, 2026 Urals (REBCO) Crude was $108.57 and Basrah Light Crude $108.39 per barrel, so Urals (REBCO) traded at a premium of $+0.17999999999999 over Basrah Light. Over the previous 30 shared price days the spread averaged -7.13 $/bbl, with Basrah Light priced above Urals (REBCO) on 0 day(s).
Urals (REBCO) Crude is a medium/sour Russia (Ural-Volga) crude (32° API, 1.3% sulfur) and Regional (Europe) 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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