Guides

Medium sour crude: distillates, sulfur and conversion value

Mid API with meaningful sulfur; value depends on treating and residue strategy.

Core topics

Mid API with meaningful sulfur; value depends on treating and residue strategy.

OSP/term structures and nominations can dominate near-term pricing.

Compare substitution on delivered netback (diff + freight).

27.0 API · 1.9 S

27.0 API · 2.8 S

33.0 API · 1.7 S

30.0 API · 2.4 S

29.0 API · 3.0 S

32.0 API · 1.8 S

33.1 API · 2.07 S

31.0 API · 1.6 S