OPEC - Organization of the Petroleum Exporting Countries

02/28/2023 | News release | Distributed by Public on 02/28/2023 07:00

OPEC daily basket price stood at $81.64 a barrel Monday, 27 February 2023

Vienna, Austria, 28 February 2023--The price of OPEC basket of thirteen crudes stood at $81.64 a barrel on Monday, compared with $82.04 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).