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OPEC daily basket price now stands at $113.39 per barrel

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3 years ago

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By Matthew Eloyi

As of Monday, March 28, the price of the Organization of Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples was 113.39 dollars per barrel.

According to OPEC Secretariat figures received by the News Agency of Nigeria (NAN), Abuja, and announced by OPEC on Tuesday, this compares to 115.99 dollars per barrel the previous Friday.

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The ORB is made up of the Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Bonny Light (Nigeria), and Zafiro (Saudi Arabia) (Equatorial Guinea).

Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Arab Light (Saudi Arabia), Murban (UAE), and Merey (Saudi Arabia) are among the others (Venezuela).

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