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    Home » OPEC daily basket oil price closes at $34.71 per barrel

    OPEC daily basket oil price closes at $34.71 per barrel

    March 10, 2020
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    *The logo of the Organization of Petroleum Exporting Countries (OPEC) is attached to the organization’s headquarters in Vienna, Austria. EPA-EFE/CHRISTIAN BRUNA

    Vienna, Austria -— The price of OPEC basket of fourteen crudes stood at $34.71 a barrel on Monday, compared with $48.33 the previous Friday, 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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