Brokerage & Commodities

Crude Oil: Technical Data Sheet & Sourcing

Access international specifications for crude oils (Brent, WTI, Dubai/Oman, Murban) and facilitate matchmaking between producers, global traders, and refiners for your Spot cargoes or long-term supply contracts.

  • Contract Types

    Spot Cargoes, Term Contracts & FOB/CIF Offers

  • Standard Quality

    Light Sweet (API > 31° / S < 0.5%) to Heavy Sour

  • Main Hubs

    North Sea (Brent), Cushing (WTI), Fujairah, Singapore

Definition & Standard

What is Crude Oil?

The Crude Oil (Crude Oil) is a complex mixture of unrefined hydrocarbons extracted from underground reservoirs. It is the essential raw material for producing fuels (gasoline, diesel, jet fuel), industrial fuel oils, and petrochemical products.

The value of a crude oil depends on its density (expressed in API gravity) and sulfur content: so-called "Light Sweet" crudes are most sought after by refineries as they more easily yield high-value light distillates.

Comparative Specifications of Benchmark Crudes
Brent Blend (North Sea)API ~ 38.3° | Sulfur ~ 0.37% (Light Sweet)
WTI - West Texas IntermediateAPI ~ 39.6° | Sulfur ~ 0.24% (Light Sweet)
Dubai / OmanAPI ~ 31.0° | Sulfur ~ 2.00% (Medium Sour)
Murban (Abu Dhabi)API ~ 40.2° | Sulfur ~ 0.78% (Light Sweet)
Basic Sediment and Water (BS&W)0.5% vol. Max.
Vapor Pressure (RVP / TVP)< 9.5 psi (depending on vessel constraints)
Global Market

Major Producing Countries & Benchmarks

The international crude oil market is structured around major production basins and key price benchmarks:

  • United States (Permian / US Gulf Coast): World's leading producer of light crude, heavily exported via Texas and Louisiana terminals (WTI benchmark).
  • Middle East (Saudi Arabia, UAE, Iraq, Kuwait): Core OPEC production hub, supplying Asian and European markets with medium and heavy crudes (Arab Light, Murban).
  • Atlantic Basin & North Sea: UK and Norwegian oil fields forming the global BFOET benchmark (Brent, Forties, Oseberg, Ekofisk, Troll).
  • West Africa (Nigeria, Angola): Producers of light sweet crudes (Bonny Light, Girassol) highly favored by complex refineries.
Procedures & Logistics

Supertanker Shipping, Inspection & Pricing

Crude oil trading requires deployment of major maritime infrastructure and differential price adjustments:

Contracts & Pricing

Prices structured with a premium or discount (differential) against benchmark quotes ICE Brent, NYMEX WTI, or Platts Dubai.

Transport & Tankers

Shipping via large capacity crude oil tankers: VLCC (2 million barrels), Suezmax (1 million), or Aframax (700,000 barrels).

Inspection & Incoterms

Independent volume and quality inspections (SGS, Intertek) at loading ports. Contracts negotiated under Incoterms FOB, CIF, or DES.

Our Areas of Expertise