Saharan Blend

Saharan Blend Price

Date	Price US$ per bbl	Price US $ per MT	Long Tons	US Gallons,$
2022-12-31	$83	609	619	1.98
2022-11-30	$94	686	697	2.23
2022-10-31	$96	701	713	2.28
2022-08-31	$104	764	776	2.48
2022-07-31	$116	849	863	2.76
2022-06-01	$128	941	956	3.05
2022-05-01	$115	845	859	2.74
2022-03-01	$122	893	907	2.9
2022-02-01	$101	738	750	2.4
2022-01-31	$88	647	657	2.1
2021-12-31	$76	553	562	1.8
2021-11-30	$82	601	611	1.95
2021-09-01	$74	541	550	1.76
2021-08-01	$71	521	529	1.69
2021-07-01	$75	552	561	1.79
2021-06-01	$72	530	539	1.72
2021-05-01	$68	497	505	1.61
2021-04-01	$64	469	477	1.52
2021-03-01	$66	482	490	1.57
2021-02-01	$62	457	465	1.49
2020-12-01	$50	366	372	1.19
2020-11-01	$43	312	317	1.01
2020-10-01	$40	291	296	0.95
2020-09-01	$41	300	305	0.98
2020-08-01	$46	335	340	1.09
2020-07-01	$44	323	329	1.05
2020-06-01	$40	297	302	0.96
2020-05-01	$26	193	196	0.63
2020-04-01	$17	125	127	0.41
2020-02-01	$58	424	431	1.38

Saharan Blend Historical price

In 2017 maximum price $65 per bbl (2017-12-01)
In 2018 maximum price $56 per bbl (2018-12-01)
In 2019 maximum price $68 per bbl (2019-12-01)
In 2020 maximum price $50 per bbl (2020-12-01)
In 2021 maximum price $76 per bbl (2021-12-31)
In 2022 maximum price $83 per bbl (2022-12-31)

Saharan Blend Crude Oil: A Comprehensive Guide

Saharan Blend crude oil is a high-quality light sweet crude oil extracted from the West African region. The oil is named after the Sahara Desert, which is located in the same region. The blend is one of the most popular crude oils in the world, with a high demand from international markets due to its high quality and low sulfur content. In this article, we will explore the characteristics, production, and market trends of Saharan Blend crude oil.

Characteristics of Saharan Blend Crude Oil

Saharan Blend crude oil is characterized by its high quality and low sulfur content, which makes it a preferred choice for refining into gasoline, diesel, and jet fuel. The oil is light and sweet, with a low density and low viscosity, which makes it easier to refine compared to other crude oils. The sulfur content of the oil is typically below 0.5%, making it a desirable choice for refineries that need to meet strict environmental regulations.

Production of Saharan Blend Crude Oil

Saharan Blend crude oil is produced in several countries in West Africa, including Nigeria, Angola, and Chad. The oil is extracted from onshore and offshore fields and transported to international markets through pipelines and tankers. The production of Saharan Blend crude oil is subject to several challenges, including political instability, theft, and vandalism of pipelines. Despite these challenges, the production of the oil has increased significantly in recent years, making it one of the leading crude oil blends in the world.

Market Trends of Saharan Blend Crude Oil

Saharan Blend crude oil is in high demand from international markets, particularly in Europe and Asia. The oil is often used as a benchmark for other crude oils in the region, and its price is closely monitored by the global oil industry. In recent years, the demand for low sulfur crude oils has increased due to stricter environmental regulations, which has boosted the demand for Saharan Blend crude oil.

Despite its popularity, the market for Saharan Blend crude oil is not without its challenges. The oil is susceptible to price fluctuations due to market instability and geopolitical tensions in the region. Additionally, the growing demand for renewable energy sources has led to a decrease in the demand for crude oil, which has affected the market for Saharan Blend crude oil.

Conclusion

In conclusion, Saharan Blend crude oil is a high-quality light sweet crude oil that is in high demand from international markets due to its low sulfur content and high quality. The production of the oil is subject to several challenges, but the demand for low sulfur crude oils has boosted the demand for Saharan Blend crude oil. The market for the oil is closely monitored by the global oil industry and is susceptible to price fluctuations due to market instability and geopolitical tensions in the region.

Saharan Blend Crude Oil: Frequently Asked Questions

In this section, we will answer some of the most frequently asked questions about Saharan Blend crude oil.

What is Saharan Blend Crude Oil?

Saharan Blend crude oil is a high-quality light sweet crude oil extracted from the West African region. It is named after the Sahara Desert, which is located in the same region. The oil is characterized by its high quality and low sulfur content, which makes it a preferred choice for refining into gasoline, diesel, and jet fuel.

Where is Saharan Blend Crude Oil produced?

Why is Saharan Blend Crude Oil popular?

Saharan Blend crude oil is popular due to its high quality and low sulfur content. The oil is light and sweet, with a low density and low viscosity, which makes it easier to refine compared to other crude oils. The sulfur content of the oil is typically below 0.5%, making it a desirable choice for refineries that need to meet strict environmental regulations.

What are the challenges faced in the production of Saharan Blend Crude Oil?

The production of Saharan Blend crude oil is subject to several challenges, including political instability, theft, and vandalism of pipelines. Despite these challenges, the production of the oil has increased significantly in recent years, making it one of the leading crude oil blends in the world.

How is the market for Saharan Blend Crude Oil affected by the demand for renewable energy sources?

The growing demand for renewable energy sources has led to a decrease in the demand for crude oil, which has affected the market for Saharan Blend crude oil. Despite this, the demand for low sulfur crude oils has increased due to stricter environmental regulations, which has boosted the demand for Saharan Blend crude oil.

Max Krutov

Graduated from MSU, Moscow. Seller CIF.