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26 May 2017

OPEC daily basket price stood at $51.24 a barrel Thursday, 25 May 2017

Vienna, Austria, 26 May 2017--The price of OPEC basket of thirteen crudes stood at $51.24 a barrel on Thursday, compared with $51.96 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), Oriente (Ecuador), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).