OPEC - Organization of the Petroleum Exporting Countries

11/16/2022 | News release | Distributed by Public on 11/16/2022 10:21

OPEC daily basket price stood at $91.16 a barrel Tuesday, 15 November 2022

Vienna, Austria, 16 November 2022--The price of OPEC basket of thirteen crudes stood at $91.16 a barrel on Tuesday, compared with $94.42 the previous day, 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).