OPEC Daily Basket Price Closes at $79.93 Per Barrel
The price of OPEC basket of thirteen crudes stood at $79.93 a barrel on Monday, compared with $83.80 the previous Friday, 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 (Islamic Republic of Iran),
- Basrah Medium (Iraq),
- Kuwait Export (Kuwait),
- Es Sider (Libya),
- Bonny Light (Nigeria),
- Arab Light (Saudi Arabia),
- Murban (UAE) and
- Merey (Venezuela).
