OPEC daily basket price stood at $108.76 a barrel Monday

Wed, Jul 20, 2022 | By editor

Oil & Gas

THE price of OPEC basket of 13 crudes stood at $108.76 a barrel on Monday, July 18, 2022, compared with $104.39 the previous Friday, according to OPEC Secretariat calculations.

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).

A.I

Tags:

Army uncovers 20 illegal refineries, arrests 11 operators in 4 states

THE Nigerian Army has uncovered 20 illegal refining sites and apprehended 11 suspected operators of the facilities during ongoing raids...

SERAP tells NNPCL to investigate missing N825bn, $2.5bn for refinery repairs

SOCIO-ECONOMIC Rights and Accountability Project (SERAP) has urged Mele Kolo Kyari, Group Chief Executive Officer of the Nigerian National Petroleum...

Landmark achievements of Nigerian Oil and Gas Sector in 2024

Despite the persistent challenges in the Nigerian Oil and Gas sector, the government and the stakeholders in the sector should...

Subscribe to Our Newsletter

Keep abreast of news and other developments from our website.