Saharan crude oil, also known as Saharan Blend, 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.

Oil products stockpiles at Fujairah in the UAE declined 8% in the week ended Feb. 2, with all categories declining, according to Fujairah Oil Industry Zone data published Feb. 4. The total fell to 21.490 million barrels, the first decrease in five weeks. Middle distillates such as jet fuel and diesel fell 15% week over week to 2.893 million barrels, the lowest in three weeks.

Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government

September 18, 2024 - The Sahara Blend is the reference name of the Algerian crude oil, which is produced on several Algerian oil fields. Sahara Blend is a light crude, its extreme lightness and very low sulfur content makes it among the most popular with refineries for light derivatives such as gasoline and kerosene ...

Saharan Blend is an extremely light, very low sulphur high quality crude oil which is rich in gasoline and is ideally suited for production of diesel

May 27, 2022 - In December, 1956, the prospectors discovered oil at a depth of 10,000 feet some thirty-five miles from the north Saharan town of Ouargla and near an abandoned water well. The stuccobuilt well still stands as a monument to an archaic way of life.

July 3, 2014 - 4This paper will not deal with all the countries in the Sahara region; we shall confine ourselves to studying four Saharan countries: Mauritania, Mali, Niger, and Chad. Only Mauritania and Chad produce oil, but we shall not linger over the consequences of already existing projects, but will rather describe future projects or those under development. We shall pose the question as to what the effect was of the high crude prices on this region which had previously attracted little interest from the oil companies.

This increase places Sahara Blend in 3rd position among the most expensive crudes in the OPEC basket in February, after Angolan Girassol (62.99 dollars / barrel) and Equatorial Guinean Zafiro (62.46 dollars / barrels). The price of Algerian oil is established according to the price of Brent, a benchmark crude from the North Sea, listed on the London market with an additional premium for its physicochemical qualities appreciated by refiners.

Western Sahara consumes 1,701 barrels per day (B/d) of oil as of the year 2016.

So far, no oil and gas have been discovered in Western Sahara. Two exploration licences are today operated by foreign companies, both from Israel, both offshore.

Field expansions and enhanced oil recovery techniques have kept the country’s oldest fields at a steady rate of production; however, without additional upstream investment, decline rates are likely to grow, resulting in lower production. The country’s largest refinery, Skikda, is located along Algeria’s northern coastline, and it is the largest refinery in Africa. Skikda processes the Saharan blend, which derives from the Hassi Messaoud oil fields.

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February 28, 2025 - Market: Crude oil · 27/02/25 · Nigeria's 650,000 b/d Dangote refinery has bought its first cargo of Algeria's light sweet Saharan Blend crude, according to market sources. Dangote bought the 1mn bl cargo from trading firm Glencore this week, sources said, adding that it is due to be delivered over 15-20 March.

The average for 2021 based on 47 countries was 1.22 billion barrels. The highest value was in Nigeria: 36.89 billion barrels and the lowest value was in Botswana: 0 billion barrels.

December 24, 2022 - 5 year target crude oil production · Net 2P + 2C Reserves · *75% of these assets are at the early stages of the asset life-cycle, offering significant upside for production growth. Sahara Energy Fields Holdings manages the rest of the Group’s offshore upstream interests within Nigeria and across Sub-Saharan Africa, including Cote d’Ivoire and Ghana.

20 hours ago - Market: Crude oil · 06/02/26 · Algeria's state-owned Sonatrach expects weather-related disruptions to its Saharan Blend crude exports to continue in February, a source at the firm told Argus. Algeria's crude exports — made up entirely of the light sweet Saharan Blend — fell to a multi-year low of 201,000 b/d in January as bad weather delayed loadings, the source said.

Introduced on 16 June 2005, is currently made up of the following: Saharan Blend (Algeria), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Medium (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela). ... As of January 2006: The Weekly, Monthly, Quarterly & Yearly averages are based on daily quotations. As of January 2007: The basket price includes the Angolan crude "Girassol".

As at December 2021, Sub-Saharan Africa's share of world oil production and oil reserves was 4.8% and 4.14% respectively, and the share of gas production and reserves was 1.93% and 5.03% respectively.

July 1, 1983 - No major finds outside traditional producing areas have sent new crude oils from North Africa in many years. Algeria however, has attempted to standardize its exports and designated two former crudes, Arzew Blend and Hassi Messaoud, as Saharan Blend. It is shipped from either the Arzew or Bejaia ...