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GLOBAL CRUDE OIL SUPPLY

Premium Crude Oil Trading Solutions

Steppeway Corporation provides access to major global crude oil grades through direct relationships with producers and national oil companies. Our crude oil trading services cover everything from light sweet crudes to heavy sour grades with comprehensive logistics and risk management.
API Gravity Range: 25° - 45° | Sulfur Content: 0.1% - 3.5%
Brent & WTI Benchmarks Light & Heavy Crudes Global Supply Network Risk Management

CRUDE GRADES

Major Crude Oil Benchmarks & Grades

Brent Blend

API: 38.3° | Sulfur: 0.37%

North Sea benchmark crude, light sweet quality, waterborne delivery

  • Loading: Sullom Voe, UK
  • Production: 500,000 BPD
  • Pricing: Dated Brent
  • Key Markets: Europe, Asia

WTI (West Texas Intermediate)

API: 39.6° | Sulfur: 0.24%

US benchmark crude, very light and sweet, pipeline delivery

  • Delivery: Cushing, Oklahoma
  • Production: 2M BPD
  • Pricing: NYMEX WTI
  • Key Markets: Americas, Asia

Bonny Light

API: 33.5° | Sulfur: 0.14%

Nigerian light sweet crude, high gasoline yield

  • Loading: Bonny Terminal
  • Production: 200,000 BPD
  • Pricing: Dated Brent + Premium
  • Key Markets: Europe, US, Asia

Urals

API: 31.2° | Sulfur: 1.35%

Russian medium sour crude blend, pipeline and sea delivery

  • Loading: Primorsk, Ust-Luga
  • Production: 1.2M BPD
  • Pricing: Dated Brent - Discount
  • Key Markets: Europe, China

Arab Light

API: 33.0° | Sulfur: 1.77%

Saudi medium crude, OPEC pricing benchmark

  • Loading: Ras Tanura
  • Production: 5M+ BPD
  • Pricing: OSP Formula
  • Key Markets: Global

Basrah Heavy

API: 24.7° | Sulfur: 3.5%

Iraqi heavy sour crude, significant production volumes

  • Loading: Basrah Terminal
  • Production: 1.5M BPD
  • Pricing: Official Selling Price
  • Key Markets: Asia, Europe

QUALITY PARAMETERS

Crude Oil Quality Specifications

Parameter Light Sweet Crude Medium Sour Crude Heavy Sour Crude Significance
API Gravity 35° - 45° 25° - 35° 10° - 25° Density indicator, refining yield
Sulfur Content < 0.5% 0.5% - 1.5% > 1.5% Environmental compliance, refining cost
Pour Point -40°C to -10°C -30°C to 0°C -10°C to +30°C Transportation and storage requirements
Viscosity 2 - 10 cSt 10 - 50 cSt 50 - 500 cSt Pumpability and pipeline flow
Gasoline Yield 40% - 50% 25% - 40% 15% - 25% Refining product slate value
Residue Yield 10% - 20% 20% - 40% 40% - 60% Heavy product output
Acid Number < 0.5 mg KOH/g 0.5 - 1.5 mg KOH/g > 1.5 mg KOH/g Corrosiveness and refining challenges

SUPPLY REGIONS

Global Crude Oil Supply Sources

Middle East

Largest crude oil reserves and production capacity globally

  • Saudi Arabia: Arab Light, Arab Heavy
  • UAE: Murban, Upper Zakum
  • Kuwait: Kuwait Export Crude
  • Iraq: Basrah Light, Basrah Heavy
  • Qatar: Marine, Land Crude
Production: 25M+ BPD Reserves: 800B+ Barrels

Russia & Caspian

Major non-OPEC producer with extensive pipeline infrastructure

  • Russia: Urals, ESPO, Sokol
  • Kazakhstan: CPC Blend, Kumkol
  • Azerbaijan: Azeri Light
  • Turkmenistan: Turkmen Blend
  • Uzbekistan: Uzbek Light
Production: 10M+ BPD Pipeline: Druzhba, CPC

Africa

Premium light sweet crudes with high refining value

  • Nigeria: Bonny Light, Forcados
  • Angola: Girassol, Cabinda
  • Algeria: Saharan Blend
  • Libya: Es Sider
  • Egypt: Suez Blend
Production: 7M+ BPD Quality: Light Sweet

Americas

Diverse crude slate from shale and conventional production

  • USA: WTI, LLS, Bakken
  • Canada: WCS, Syncrude
  • Mexico: Maya, Isthmus
  • Brazil: Lula, Buzios
  • Venezuela: Merey, Santa Barbara
Production: 20M+ BPD Shale: 7M+ BPD

TRADING SOLUTIONS

Crude Oil Trading Options

Spot Trading

Immediate physical delivery with flexible pricing and rapid execution

  • Single cargo transactions
  • Prompt loading dates
  • Market-based pricing
  • Quick decision process
  • Flexible destinations

Term Contracts

Long-term supply agreements with stable pricing and guaranteed volumes

  • 6-12 month contracts
  • Fixed or formula pricing
  • Volume commitments
  • Supply security
  • Relationship building

Structured Deals

Customized solutions including swaps, options, and price risk management

  • Price risk hedging
  • Differential trading
  • Optionality structures
  • Basis risk management
  • Customized solutions

LOGISTICS

Crude Oil Delivery Options

VLCC & Tanker

Very Large Crude Carriers for long-haul maritime transport (2M barrel capacity)

Main Routes: ME-Asia, ME-Europe
Pipeline

Extensive pipeline networks for inland and cross-border crude transportation

Key Systems: Druzhba, CPC, Keystone
Storage & Blending

Strategic storage facilities and crude blending services at key hubs

Hubs: Rotterdam, Fujairah, Singapore

Ready to Trade Crude Oil?

Contact our crude oil trading specialists for access to premium grades, competitive pricing, and comprehensive supply solutions.