Monday 27 June 2022 - 3:14:41 pm

OPEC daily basket price stands at $112.04 a barrel Thursday


VIENNA, 20th May, 2022 (WAM) -- The price of OPEC basket of thirteen crudes stood at US$112.04 a barrel on Thursday, 19th May, compared with US$114.94 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

WAM/Rola Alghoul/Esraa Ismail