Tapis Crude Oil Price API
Real-time pricing data for Tapis Crude - the premium light sweet crude benchmark for Asian refineries and the preferred feedstock for high-value petroleum products.
Live Tapis Crude Price
$86.75/bbl
Updated: 8/28/2025, 9:47:43 PM
Light Sweet Crude
Why Tapis Crude Matters
- ✓Premium Asian benchmark for light sweet crude pricing
- ✓Critical for Petronas and Malaysian energy sector
- ✓Reference price for Southeast Asian refineries
- ✓Higher value than most benchmarks due to quality
- ✓Key indicator for Asian refining margins
Technical Specifications
- API Gravity:
- 44-45°
- Sulfur Content:
- 0.03-0.08%
- Density:
- 0.803 kg/L
- Production Region:
- Offshore Peninsular Malaysia
- Pour Point:
- -15°C
Typical Price Premiums
vs Brent
+$2-5/bbl
Lower sulfur, higher API gravity
vs WTI
+$3-6/bbl
Asian premium, superior quality
vs Dubai
+$4-8/bbl
Much lighter, sweeter crude
vs OPEC Basket
+$5-10/bbl
Premium quality specifications
Key Markets & Refineries
Singapore
Primary trading hub for Tapis crude
Major Refineries:
- ExxonMobil
- Shell Pulau Bukom
- Singapore Refining Company
Total Capacity: 1.5 million bpd
Malaysia
Origin market with Petronas operations
Major Refineries:
- Petronas Melaka
- Petronas Port Dickson
- Hengyuan Refining
Total Capacity: 650,000 bpd
Thailand
Major consumer of Malaysian crude
Major Refineries:
- Thai Oil
- IRPC
- Bangchak
- PTT Global Chemical
Total Capacity: 1.2 million bpd
South Korea
Premium market for light sweet crude
Major Refineries:
- SK Energy
- GS Caltex
- S-Oil
- Hyundai Oilbank
Total Capacity: 3.2 million bpd
API Integration
Who Uses Tapis Crude Data
Asian Refineries
Optimize feedstock procurement and calculate refining margins based on premium light sweet crude pricing.
Energy Traders
Track Asian crude differentials and arbitrage opportunities between Tapis and other global benchmarks.
Market Analysts
Monitor Asian energy market dynamics and forecast regional petroleum product pricing trends.