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Crude grade comparison

West Texas Intermediate vs Azeri Light (BTC)

Price, West Texas Intermediate spread, quality and refinery yields side by side. Updated .

VS
West Texas Intermediate – Azeri Light (BTC) spread -15.54 USD/BBL · West Texas Intermediate premium
Azerbaijan (Caspian Sea)

Azeri Light (BTC)

$84.09USD/BBL
▲ +0.93 (+1.11%)
Class
Light/Sweet
API
35°
Sulfur
0.15%

West Texas Intermediate Crude vs Azeri Light (BTC) Crude: on July 06, 2026 West Texas Intermediate settled at $68.55/bbl (+0.22%) and Azeri Light (BTC) at $84.09/bbl (+1.11%), putting Azeri Light (BTC) $15.54 above West Texas Intermediate. West Texas Intermediate is light/sweet crude (39.6° API, 0.24% sulfur); Azeri Light (BTC) is light/sweet crude (35° API, 0.15% sulfur).

Price history

West Texas Intermediate vs Azeri Light (BTC) price chart

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

  • West Texas Intermediate Crude
  • Azeri Light (BTC) Crude
30-day West Texas Intermediate avg
$89.01
30 shared days
30-day Azeri Light (BTC) avg
$110.58
30 shared days
Average spread
-21.57
West Texas Intermediate minus Azeri Light (BTC)
Days West Texas Intermediate above
0 / 30
widest $34.59 on 2026-05-11

West Texas Intermediate – Azeri Light (BTC) spread $/bbl · above zero: West Texas Intermediate premium · below zero: Azeri Light (BTC) premium

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

View as table
DateWest Texas IntermediateAzeri Light (BTC)Spread
10 Jun 2026-102.13-
09 Jun 2026-103.93-
04 May 2026-130.94-
26 Apr 2026-112.10-
11 Apr 2026-119.00-
08 Jun 202691.31107.42-16.11
05 Jun 202690.54111.26-20.72
04 Jun 202693.04112.84-19.8
03 Jun 202696.02109.82-13.8
02 Jun 202693.76109.82-16.06
01 Jun 202688.73116.39-27.66
29 May 202687.36117.02-29.66
28 May 202688.90120.03-31.13
27 May 202688.68120.41-31.73
22 May 202696.60126.93-30.33
21 May 202696.35127.47-31.12
20 May 202698.26131.26-33
19 May 2026104.15131.50-27.35
18 May 2026104.38131.92-27.54
15 May 2026105.42115.52-10.1
14 May 2026101.17127.36-26.19
13 May 2026101.02--
12 May 2026102.18126.70-24.52
11 May 202691.56126.15-34.59
08 May 202695.42121.96-26.54
07 May 202694.81122.33-27.52
06 May 202695.08--
05 May 2026102.90130.94-28.04
01 May 2026101.94130.94-29
29 Apr 2026106.88128.77-21.89
28 Apr 202699.93128.77-28.84
27 Apr 202696.37126.90-30.53
24 Apr 202694.40--
17 Apr 202683.85--
10 Apr 202696.57--
Price analysis

Highs and lows by period

PeriodWest Texas IntermediateAzeri Light (BTC)
HighLowRangeHighLowRange
7 Days---%---%
30 Days---%---%
90 Days---%---%
180 Days105.4268.435.12%131.9283.1636.96%
365 Days106.8868.436%131.9283.1636.96%

Range = (high − low) ÷ high.

Daily prices

Recent prices & spread

DateWest Texas IntermediateChgAzeri Light (BTC)ChgSpread
96.570
83.85-12.72
94.40+10.55
96.37+1.97126.90+14.8-30.53
99.93+3.56128.77+1.87-28.84
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.

  • West Texas Intermediate Crude
  • Azeri Light (BTC) Crude

Physical & chemical properties

API gravityhigher = lighter
WTI39.6°
AL(35°
Sulfur contenthigher = sourer
WTI0.24%
AL(0.15%
Densityhigher = heavier
WTI0.827 g/cm³
AL(0.851 g/cm³
Viscosityhigher = thicker
WTI3.7 cSt
AL(4.2 cSt
Pour pointhigher = waxier
WTI-40 °C
AL(15 °C

Typical refinery yields

Gasoline% of barrel
WTI45-50%
AL(48-52%
Diesel% of barrel
WTI25-30%
AL(28-32%
Jet fuel% of barrel
WTI10-12%
AL(01-12'%
Residual fuel% of barrel
WTI08-10%
AL(08-10'%

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

Full specification comparison

PropertyWest Texas Intermediate CrudeAzeri Light (BTC) CrudeWest Texas Intermediate − Azeri Light (BTC)
Classification
ClassificationLight/SweetLight/Sweet
OriginUSA (Texas/Oklahoma)Azerbaijan (Caspian Sea)
Chemical properties
API gravity39.6° API35° API+4.6 °API
Sulfur content0.24%0.15%+0.09%
Density0.827 g/cm³0.851 g/cm³-0.024 g/cm³
Pour point-40 °C15 °C-55 °C
Viscosity3.7 cSt4.2 cSt-0.5 cSt
Typical refinery yields
Gasoline45-50%48-52%-2 pts
Diesel25-30%28-32%-2 pts
Jet fuel10-12%01-12'%0 pts
Residual fuel08-10%08-10'%0 pts
Trading & logistics
Delivery basisCushing, OklahomaCeyhan (Turkey)
Major exchangesNYMEX (CME)Platts, Argus (Med CIF)
Export hubCushing Hub, OklahomaCeyhan, Turkey (via BTC pipeline)
Main destinationsUS Refineries, GlobalEurope, Mediterranean
Benchmark typeGlobalRegional (Med)
Market profile
Key characteristicsUS global benchmark, highly liquid futures market, reference benchmark for AmericasCaspian light sweet, BTC pipeline to Mediterranean
Refining notesHigh gasoline & diesel yields; minimal processing neededHigh gasoline & kerosene yields; low residual output
FAQ

West Texas Intermediate vs Azeri Light (BTC) questions

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

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July 06, 2026 West Texas Intermediate Crude was $68.55 and Azeri Light (BTC) Crude $84.09 per barrel, so Azeri Light (BTC) traded at a premium of $15.54 over West Texas Intermediate. Over the previous 30 shared price days the spread averaged -21.57 $/bbl, with Azeri Light (BTC) priced above West Texas Intermediate on 0 day(s).

West Texas Intermediate Crude is a light/sweet USA (Texas/Oklahoma) crude (39.6° API, 0.24% sulfur) and Global benchmark. Azeri Light (BTC) Crude is a light/sweet Azerbaijan (Caspian Sea) crude (35° API, 0.15% sulfur) and Regional (Med) benchmark.
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