Iraq (Rumaila Kurmala layer) Medium/Sour Regional SOMO OSP differential

Basrah Kurmala (Iraq)

Crude oil price, specifications and price history for Basrah Kurmala from Iraq (Rumaila Kurmala layer).

Price · USD/bbl $117.62
■ 0.00(0.00%)
Updated
API gravity32.2°Light
Sulfur2%Sour
Density0.86g/cm³
DeliveryBasrah terminals

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Basrah Kurmala was priced at $117.62 per barrel on March 01, 2026. Basrah Kurmala is a Light, Sour crude (32.2° API, 2% sulfur) delivered at Basrah terminals, and traded on SOMO OSP differential as the main Regional benchmark. Over the last 30 days it ranged between $117.62 and $122.00.

Price analysis

Basrah Kurmala price analysis

Basrah Kurmala high, low and range by period, USD per barrel
PeriodHighLowRange %Range · current $117.62
365 Days122.00117.623.59%

Bars span $117.62–$122.00, the full 365-day range.

Daily prices

Recent price history

Basrah Kurmala last 5 daily prices, USD per barrel
DatePriceChangeChange %
117.620.000.00%
122.000.000.00%
117.62-4.38-3.59%
Full daily history since 2019 is available to subscribers. Subscribe now
Price history

Basrah Kurmala price history chart

Daily assessed price in USD per barrel.

Basrah Kurmala USD/bbl

Last price
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Period change
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Period high
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Period low
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Line chart of daily prices

Free view: last 30 price assessments. Subscribe for daily history back to 2019 and Excel export.

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DatePrice (USD/bbl)Change
Crude quality

Technical specifications

Classification, chemical properties and trading details for Basrah Kurmala.

Basic classification

Grade name
Basrah Kurmala
Classification
Medium/Sour
Region / field
Iraq (Rumaila Kurmala layer)

Chemical properties

API gravity
32.2 °API
Sulfur content
2%
Density
0.86 g/cm³
Pour point
15 °C
Viscosity
8.5 cSt

Trading & logistics

Delivery basis
Basrah terminals
Major exchanges
SOMO OSP differential
Export hub
Basrah terminals
Main destinations
Asia
Benchmark type
Regional

Typical refinery yields

  • Gasoline 20-24%
  • Diesel 38-42%
  • Jet fuel 10-12'%
  • Residual fuel 18-22%

Key characteristics

Iraqi segregated low-sulfur layer

Typical use / refining notes

Quality-segregated from main crude stream

FAQ

Basrah Kurmala frequently asked questions

Quality, pricing and refining questions about Basrah Kurmala.

Its lower sulfur content provides slightly higher refining margins compared to standard Basrah Medium.

It is produced as a segregated higher-quality crude stream from the main production complex.
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