OPEC daily basket price stood at $80.03 per barrel Monday

Tue, May 2, 2023
By editor
1 MIN READ

Oil & Gas

THE price of OPEC basket of 13 crudes stood at $80.03 a barrel on Monday, May 1, 2023 compared with $79.98 last 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).

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