Mar. 20 at 12:44 PM
$EONR $MXC
AI Overview
Murban (UAE) and WTI Midland (US) are both light, sweet crude oils with similar specifications—roughly 40-42° API gravity and low sulfur—making them direct competitors in Asian markets. Murban is a premium Middle Eastern marker known for high gasoline yields, while WTI Midland is a high-demand US export grade often priced competitively to bridge the Asia-US arbitrage gap.
Oxford Institute for Energy Studies
Oxford Institute for Energy Studies
+3
Key Comparison Points
Quality & Composition:
Murban: ~40.5 API gravity, ~0.74% sulfur. It is considered a light, sourer grade compared to Brent, but often serves as a premier, stable grade for Asian refiners.
WTI Midland: ~41–42 API gravity, ~0.2% sulfur. It is lighter and sweeter than Murban, offering excellent, high-yield refining capabilities, making it a "marginal barrel" in the global market.
