OPEC Daily Basket Price: Wednesday, 16 October 2019, Stood at $59.28 a Barrel
Vienna, Austria, 17 October 2019–The price of OPEC basket of fourteen crudes stood at $59.28 a barrel on Wednesday, compared with $59.62 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), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).
