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    Home » OPEC daily basket price closes at $89.75 per barrel

    OPEC daily basket price closes at $89.75 per barrel

    August 11, 2023
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    *The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen outside of OPEC’s headquarters in Vienna, Austria April 9, 2020. REUTERS/Leonhard Foeger

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $89.75 a barrel on Thursday, compared with $88.20 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).

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