Bonny Light Crude Oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced in the Niger Delta basin and named after the prolific region around the city of Bonny.
The very low sulfur content of Bonny Light crude makes it a highly desired grade for its low corrosiveness to refinery infrastructure and the lower environmental impact of its byproducts in refinery effluent.
West Texas Intermediate (WTI) can refer to a grade or a mix of crude oil, and/or the spot price, the futures price, or the assessed price for that oil; colloquially WTI usually refers to the price of the New York Mercantile Exchange (NYMEX) WTI Crude Oil futures contract or the contract itself. The WTI oil grade is also known as Texas light sweet, although oil produced from any location can be considered WTI if the oil meets required qualifications. Spot and futures prices of WTI are used as a benchmark in oil pricing. This grade is described as light crude oil because of its relatively low density, and sweet because of its low sulfur content.
Maya is a heavy crude oil with an API specific gravity between 21 and 22 degrees, meaning only the most sophisticated refineries are capable of profitably processing it. Maya is a blend of crude oils from the Cantarell and Ku Maloob Zaap oil fields. The discovery of Cantarell, once one of the world’s most prolific oil fields, turned Mexico into a major oil exporter in the 1980s.
Our procedures are stipulated by the end seller and can therefore, NOT be changed or altered in any way. We work with different end sellers, that vary in procedures from one another, so we are confident that we can accommodate your firm’s requirements.
Lavah Streams Limited will gladly work with any individual/company. We have a rigorous due diligence process.