22 Mar 2023

OPEC daily basket price stood at $73.96 a barrel Tuesday, 21 March 2023

Vienna, Austria, 22 March 2023--The price of OPEC basket of thirteen crudes stood at $73.96 a barrel on Tuesday, compared with $70.77 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).