OPEC Daily Basket Price Stood at $89.65 a Barrel Friday
The price of OPEC basket of 13 crudes stood at $89.65 a barrel on Friday, September 1, 2023, compared with $88.44 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 (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).
