Arab Light vs Basrah Kurmala
Iraq (Rumaila Kurmala layer)
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Saudi Arabia (Ghawar, onshore)
Medium/Sour
Global (export)
Saudi OSP (vs Oman/Dubai); ICE
Arab Light (Saudi Arabia)
Crude oil price, specifications and price history for Arab Light from Saudi Arabia (Ghawar, onshore).
Price · USD/bbl
$75.68
▼ -31.53(-29.41%)
Updated
API gravity33°Light
Sulfur1.7%Sour
Density0.86g/cm³
DeliveryRas Tanura Yanbu
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Arab Light was priced at $75.68 per barrel on July 06, 2026, down $-31.53 (-29.41%) from $107.21 in the previous session. Arab Light is a Light, Sour crude (33° API, 1.7% sulfur) delivered at Ras Tanura, Yanbu, and traded on Saudi OSP (vs Oman/Dubai); ICE as the main Global (export) benchmark. Over the last 30 days it ranged between $74.76 and $107.21.
Price analysis
Arab Light price analysis
| Period | High | Low | Range % | Range · current $75.68 |
|---|---|---|---|---|
| 180 Days | 117.69 | 74.76 | 36.48% | |
| 365 Days | 121.29 | 74.76 | 38.36% |
Bars span $74.76–$121.29, the full 365-day range.
Daily prices
Recent price history
| Date | Price | Change | Change % |
|---|---|---|---|
| 121.29 | 0.00 | 0.00% | |
| 113.25 | 0.00 | 0.00% | |
| 114.20 | +0.95 | +0.84% | |
| 118.87 | +4.67 | +4.09% | |
| 119.48 | +0.61 | +0.51% | |
Full daily history since 2019 is available to subscribers.
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Price history
Arab Light price history chart
Daily assessed price in USD per barrel.
- Last price
- –
- Period change
- –
- Period high
- –
- Period low
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Free view: last 30 price assessments. Subscribe for daily history back to 2019 and Excel export.
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| Date | Price (USD/bbl) | Change |
|---|
Crude quality
Technical specifications
Classification, chemical properties and trading details for Arab Light.
Basic classification
- Grade name
- Arab Light
- Classification
- Medium/Sour
- Region / field
- Saudi Arabia (Ghawar, onshore)
Chemical properties
- API gravity
- 33 °API
- Sulfur content
- 1.7%
- Density
- 0.86 g/cm³
- Pour point
- 15 °C
- Viscosity
- 12 cSt
Trading & logistics
- Delivery basis
- Ras Tanura, Yanbu
- Major exchanges
- Saudi OSP (vs Oman/Dubai); ICE
- Export hub
- Ras Tanura (KSA)
- Main destinations
- Asia-Pacific, Europe
- Benchmark type
- Global (export)
Typical refinery yields
- Gasoline 20-24%
- Diesel 42-46%
- Jet fuel 10-12'%
- Residual fuel 20-25%
Key characteristics
Saudi Arabia's flagship crude, OPEC reference
Typical use / refining notes
Significant residuum yield; requires cracking
FAQ
Arab Light frequently asked questions
Quality, pricing and refining questions about Arab Light.
Its high middle distillate yield and large production scale from Ghawar make it a reliable feedstock for diesel and jet fuel production.
Ghawar's unmatched capacity (5 Mb/d) allows Saudi Aramco to adjust output rapidly, influencing global benchmark differentials.
More Arab Light answers for membersThe complete FAQ is available to paid users.
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