Saturday 28 May 2022 - 11:14:07 pm

OPEC daily basket price stands at $89.35 a barrel Wednesday


VIENNA, 27th January, 2022 (WAM) -- The price of OPEC basket of thirteen crudes stood at $89.35 a barrel on Wednesday, compared with $87.35 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/MOHD AAMIR/Lina ibrahim