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Home » OPEC daily basket price stands at $109.35 a barrel Tuesday

OPEC daily basket price stands at $109.35 a barrel Tuesday

Wednesday, July 27, 2022 Oil & Gas 1 Min Read
Oil tops $83, as Omicron impact expected to be short lived

The price of OPEC basket of thirteen crudes stood at US$109.35 a barrel on Tuesday, compared with US$106.27 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes is made up of Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), Basrah Medium (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

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