OPEC - Organization of the Petroleum Exporting Countries

07/05/2022 | News release | Distributed by Public on 07/05/2022 03:26

OPEC daily basket price stood at $115.30 a barrel Monday, 4 July 2022

Vienna, Austria, 5 July 2022--The price of OPEC basket of thirteen crudes stood at $115.30 a barrel on Monday, compared with $113.20 the previous Friday, 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).