OPEC Daily Basket Price Stood at $98.22 a Barrel Thursday, 18 August 2022
The price of OPEC basket of thirteen crudes stood at $98.22 a barrel on Thursday, compared with $95.73 the previous day, according to OPEC Secretariat calculations (view archives).
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).
