Nigeria (Niger Delta) Light/Sweet Regional (W. Africa) Platts, Argus (Brent differential)

Bonny Light (Nigeria)

Crude oil price, specifications and price history for Bonny Light from Nigeria (Niger Delta).

Price · USD/bbl $122.13
■ 0.00(0.00%)
Updated
API gravity37°Light
Sulfur0.15%Sweet
Density0.847g/cm³
DeliveryBonny Terminal Nigeria

Compare Bonny Light with another grade

Side-by-side price history, API gravity and sulfur for any of 281 crude grades.

Similar grade comparisons

Looking for another crude? Browse all 281 grades

Bonny Light was priced at $122.13 per barrel on July 06, 2026. Bonny Light is a Light, Sweet crude (37° API, 0.15% sulfur) delivered at Bonny Terminal, Nigeria, and traded on Platts, Argus (Brent differential) as the main Regional (W. Africa) benchmark. Over the last 30 days it ranged between $122.13 and $122.13.

Price analysis

Bonny Light price analysis

Bonny Light high, low and range by period, USD per barrel
PeriodHighLowRange %Range · current $122.13
180 Days122.13104.6014.35%
365 Days133.5871.9646.13%

Bars span $71.96–$133.58, the full 365-day range.

Daily prices

Recent price history

Bonny Light last 5 daily prices, USD per barrel
DatePriceChangeChange %
104.600.000.00%
133.580.000.00%
71.96-61.62-46.13%
104.60+32.64+45.36%
104.600.000.00%
Full daily history since 2019 is available to subscribers. Subscribe now
Price history

Bonny Light price history chart

Daily assessed price in USD per barrel.

Bonny Light USD/bbl

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

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

View as table
DatePrice (USD/bbl)Change
Crude quality

Technical specifications

Classification, chemical properties and trading details for Bonny Light.

Basic classification

Grade name
Bonny Light
Classification
Light/Sweet
Region / field
Nigeria (Niger Delta)

Chemical properties

API gravity
37 °API
Sulfur content
0.15%
Density
0.847 g/cm³
Pour point
-3 °C
Viscosity
2.9 cSt

Trading & logistics

Delivery basis
Bonny Terminal, Nigeria
Major exchanges
Platts, Argus (Brent differential)
Export hub
Bonny Terminal
Main destinations
India, Europe, US East Coast
Benchmark type
Regional (W. Africa)

Typical refinery yields

  • Gasoline 50-55%
  • Diesel 20-25%
  • Jet fuel 01-12'%
  • Residual fuel 08-10'%

Key characteristics

Premium Nigerian crude, ultra-low sulfur, premium for gasoline

Typical use / refining notes

Highly valued for gasoline production

FAQ

Bonny Light frequently asked questions

Quality, pricing and refining questions about Bonny Light.

Bonny Light's exceptional quality combines 35.7° API gravity with ultra-low 0.14% sulfur content, enabling refineries to achieve gasoline yields of 50-55% with minimal processing. Its light, sweet characteristics require less complex refining equipment and produce higher-value products with lower environmental compliance costs. The crude's consistent quality and established trading relationships make it particularly valuable for refineries seeking premium feedstock for gasoline-focused operations.

Nigeria's Niger Delta region faces ongoing security challenges including pipeline vandalism, kidnapping, and militant activities that can disrupt production and exports. These risks create supply uncertainty that supports price premiums, as buyers pay extra for supply security. Infrastructure investments in recent years have improved reliability, but periodic force majeure declarations still affect cargo availability and create price volatility.
More Bonny Light answers for membersThe complete FAQ is available to paid users.
Subscribe now

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

Compare

Compare with similar crude grades

All crude grades
Explore
  • Sour

    Abu Bukhoosh

    Abu Bukhoosh field, offshore Abu Dhabi, United Arab Emirates

  • Sweet

    Agbami

    Agbami field, deepwater (Chevron-operated), Nigeria

  • Sweet

    Aktobe

    Aktobe fields (Zhanazhol/Kenkiyak), Kazakhstan

  • Sour

    Al Shaheen

    Al Shaheen field, offshore, Qatar

  • Sweet

    Al-Jurf

    Al-Jurf field, Gulf of Suez, Egypt