Mars · United States · medium sour
Mars
Mars is a named crude stream from United States. Refiners, traders and analysts follow it because the name stands for a repeatable commercial reference in the Americas market.
Commercial users evaluate the grade through density, sulfur, residue behaviour, metals, acidity and logistics. The stream is generally described as medium sour. Typical market markers are around 28.5 API and high sulfur% sulfur.
Production and export geography is centred on US Gulf Coast offshore and Clovelly-linked system. Price formation depends on the benchmark context shown in the snapshot. That linkage matters for term business, substitution value, arbitrage windows and freight-adjusted netbacks.
Operationally, professionals watch cargo size, heating and blending needs, terminal constraints, draft limits and discharge flexibility. Because some crude names refer to fields, blends or export systems, the market treats a grade as a commercial family with a terminal norm rather than as an immutable laboratory constant.
This page is written as a commercial market profile. Indicative assay values can vary by field mix, cargo, season, terminal, contract specification and updating of the export stream.
United States · WTI / Cushing benchmark
United States · US Gulf Coast light sweet pricing
United States · WTI-linked inland pricing
Canada · WCS heavy discount structure
This grade is read through its density, sulfur range, residue behaviour and benchmark linkage. Those variables shape refinery intake planning, hydrotreating load and the relative value of the stream against nearby alternatives.
28.5 API · high sulfur S · medium sour
Refinery interest depends on sulfur load, hydrogen balance, residue handling, diesel yield and marine fuel strategy. Buyers rarely read a grade in isolation; they read it inside a wider crude basket and against freight-adjusted alternatives.
Commercial performance depends not only on assay values but also on export system, parcel size, blending tolerance, terminal routines, heating or viscosity requirements and discharge flexibility at destination.
US Gulf Coast offshore and Clovelly-linked system
Pricing is interpreted through Brent-, WTI- or Dubai/Oman-linked differentials, freight and regional balances. Substitution economics versus similar grades can move faster than the headline benchmark itself.
USGC sour waterborne pricing
Mars is usually read in the market as a medium sour grade from United States. Commercially, buyers compare its density, sulfur position and benchmark linkage against nearby substitutes, because replacement economics can move faster than headline flat price.
With indicative markers around 28.5 API and high sulfur% sulfur, the stream is relevant for refinery cut planning, hydrotreating load, residue handling, diesel yield and freight-adjusted netbacks. Procurement teams also look at terminal discipline, parcel formation, inspection routines and destination flexibility.
USGC sour waterborne pricing. US Gulf Coast offshore and Clovelly-linked system
Mars · United States · medium sour USGC sour waterborne pricing
Linked benchmark / reference: USGC sour waterborne pricing.
Indicative position: unclassified.
Confirm contract spec, inspection method, loading terminal routines, document pack, sanctions/compliance screening and freight/discharge constraints.
Use the substitution set below and compare delivered economics (differential + freight), not only headline benchmark moves.
