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    Home » OPEC daily basket price closes at $70.52 per barrel

    OPEC daily basket price closes at $70.52 per barrel

    August 12, 2021
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    *A man fixes a sign with OPEC’s logo next to its headquarters’ entrance before a meeting of OPEC oil ministers in Vienna, Austria.

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $70.52 a barrel on Wednesday, compared with $70.13 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), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

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