OPEC Secretariat announced the news, adding that its daily basket price stood at 82.41 dollars on Thursday, 23 May 2024.
The price of OPEC basket of twelve crudes stood at $82.41 a barrel on Thursday, compared with $83.27 the previous day, according to OPEC Secretariat calculations.
The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), 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).
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