![](https://i0.wp.com/realnewsmagazine.net/wp-content/uploads/2022/08/opec-2-1.jpg?fit=259%2C194&ssl=1)
OPEC daily basket price stood at $77.75 a barrel Friday
Oil & Gas
THE price of OPEC basket of 12 crudes stood at $77.75 a barrel on Friday, August 23, 2024, compared with $76.33 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).
A.I
Aug. 26, 2024
Related Posts
![](https://i0.wp.com/realnewsmagazine.net/wp-content/uploads/2025/02/20250212_172830-scaled.jpg?fit=2560%2C1920&ssl=1)
SAIPEC celebrates 5 years of driving Local Content excellence in Africa’s Energy Sector
By Christabel Ejenike THE Sub-Saharan Africa International Petroleum Exhibition and Conference, SAIPEC, marked a significant milestone on Wednesday, celebrating the...
Read More![](https://i0.wp.com/realnewsmagazine.net/wp-content/uploads/2025/02/download-2025-02-12T194408.376.jpeg?fit=299%2C168&ssl=1)
OPEC downgrades 2025 forecast for U.S. oil
THE Organisation of Petroleum Exporting Countries, OPEC has downgraded the forecast for the U.S. oil and condensate production in 2025...
Read More![](https://i0.wp.com/realnewsmagazine.net/wp-content/uploads/2025/02/IMG_20250211_142350-scaled.jpg?fit=2560%2C1920&ssl=1)
African countries showcase opportunities for oil/gas explorations in SAIPEC 2025
By Christabel Ejenike PETROLEUM giants across Africa have presented oil and gas exploration opportunities at the day one of the...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.