Register/Sign in Get Full Access
Crude grade comparison

West Texas Intermediate vs Bonny Light

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

VS
West Texas Intermediate – Bonny Light spread -53.58 USD/BBL · West Texas Intermediate premium
Nigeria (Niger Delta)

Bonny Light

$122.13USD/BBL
■ 0.00(0.00%)
Class
Light/Sweet
API
37°
Sulfur
0.15%

West Texas Intermediate Crude vs Bonny Light Crude: on July 06, 2026 West Texas Intermediate settled at $68.55/bbl (+0.22%) and Bonny Light at $122.13/bbl (0.00%), putting Bonny Light $53.58 above West Texas Intermediate. West Texas Intermediate is light/sweet crude (39.6° API, 0.24% sulfur); Bonny Light is light/sweet crude (37° API, 0.15% sulfur).

Price history

West Texas Intermediate vs Bonny Light price chart

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

  • West Texas Intermediate Crude
  • Bonny Light Crude
30-day West Texas Intermediate avg
$89.01
30 shared days
30-day Bonny Light avg
$114.27
30 shared days
Average spread
-25.26
West Texas Intermediate minus Bonny Light
Days West Texas Intermediate above
2 / 30
widest $34.92 on 2026-04-29

West Texas Intermediate – Bonny Light spread $/bbl · above zero: West Texas Intermediate premium · below zero: Bonny Light premium

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

View as table
DateWest Texas IntermediateBonny LightSpread
06 Jul 2026-122.13-
02 Jul 2026-122.13-
01 Jul 2026-122.13-
26 Jun 2026-122.13-
25 Jun 2026-122.13-
18 Jun 2026-122.13-
17 Jun 2026-122.13-
16 Jun 2026-122.13-
12 Jun 2026-122.13-
11 Jun 2026-122.13-
10 Jun 2026-122.13-
04 May 2026-104.60-
09 Apr 2026-133.58-
01 Mar 2026-104.60-
08 Jun 202691.31--
05 Jun 202690.54122.13-31.59
04 Jun 202693.04--
03 Jun 202696.02--
02 Jun 202693.76--
01 Jun 202688.73--
29 May 202687.36--
28 May 202688.90--
27 May 202688.68122.13-33.45
22 May 202696.60122.13-25.53
21 May 202696.35--
20 May 202698.26--
19 May 2026104.15104.60-0.44999999999999
18 May 2026104.38--
15 May 2026105.42104.60+0.82000000000001
14 May 2026101.17104.60-3.43
13 May 2026101.02--
12 May 2026102.18--
11 May 202691.56--
08 May 202695.42--
07 May 202694.81104.60-9.79
06 May 202695.08104.60-9.52
05 May 2026102.90104.60-1.7
01 May 2026101.94104.60-2.66
29 Apr 2026106.8871.96+34.92
28 Apr 202699.93--
27 Apr 202696.37--
24 Apr 202694.40--
17 Apr 202683.85--
10 Apr 202696.57--
Price analysis

Highs and lows by period

PeriodWest Texas IntermediateBonny Light
HighLowRangeHighLowRange
7 Days---%---%
30 Days---%---%
90 Days---%---%
180 Days105.4268.435.12%122.13104.614.35%
365 Days106.8868.436%133.5871.9646.13%

Range = (high − low) ÷ high.

Daily prices

Recent prices & spread

DateWest Texas IntermediateChgBonny LightChgSpread
96.570
83.85-12.72
94.40+10.55
96.37+1.97
99.93+3.56
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
  • Bonny Light Crude

Physical & chemical properties

API gravityhigher = lighter
WTI39.6°
BL37°
Sulfur contenthigher = sourer
WTI0.24%
BL0.15%
Densityhigher = heavier
WTI0.827 g/cm³
BL0.847 g/cm³
Viscosityhigher = thicker
WTI3.7 cSt
BL2.9 cSt
Pour pointhigher = waxier
WTI-40 °C
BL-3 °C

Typical refinery yields

Gasoline% of barrel
WTI45-50%
BL50-55%
Diesel% of barrel
WTI25-30%
BL20-25%
Jet fuel% of barrel
WTI10-12%
BL01-12'%
Residual fuel% of barrel
WTI08-10%
BL08-10'%

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

Full specification comparison

PropertyWest Texas Intermediate CrudeBonny Light CrudeWest Texas Intermediate − Bonny Light
Classification
ClassificationLight/SweetLight/Sweet
OriginUSA (Texas/Oklahoma)Nigeria (Niger Delta)
Chemical properties
API gravity39.6° API37° API+2.6 °API
Sulfur content0.24%0.15%+0.09%
Density0.827 g/cm³0.847 g/cm³-0.02 g/cm³
Pour point-40 °C-3 °C-37 °C
Viscosity3.7 cSt2.9 cSt+0.8 cSt
Typical refinery yields
Gasoline45-50%50-55%-5 pts
Diesel25-30%20-25%+5 pts
Jet fuel10-12%01-12'%0 pts
Residual fuel08-10%08-10'%0 pts
Trading & logistics
Delivery basisCushing, OklahomaBonny Terminal, Nigeria
Major exchangesNYMEX (CME)Platts, Argus (Brent differential)
Export hubCushing Hub, OklahomaBonny Terminal
Main destinationsUS Refineries, GlobalIndia, Europe, US East Coast
Benchmark typeGlobalRegional (W. Africa)
Market profile
Key characteristicsUS global benchmark, highly liquid futures market, reference benchmark for AmericasPremium Nigerian crude, ultra-low sulfur, premium for gasoline
Refining notesHigh gasoline & diesel yields; minimal processing neededHighly valued for gasoline production
FAQ

West Texas Intermediate vs Bonny Light questions

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

Need help? Call us: 1 (954) 688-3088

July 06, 2026 West Texas Intermediate Crude was $68.55 and Bonny Light Crude $122.13 per barrel, so Bonny Light traded at a premium of $53.58 over West Texas Intermediate. Over the previous 30 shared price days the spread averaged -25.26 $/bbl, with Bonny Light priced above West Texas Intermediate on 2 day(s).

West Texas Intermediate Crude is a light/sweet USA (Texas/Oklahoma) crude (39.6° API, 0.24% sulfur) and Global benchmark. Bonny Light Crude is a light/sweet Nigeria (Niger Delta) crude (37° API, 0.15% sulfur) and Regional (W. Africa) benchmark.
Compare

Compare more crude grades

All crude grades