OPEC daily basket price stood at $86.81 a barrel Monday

Tue, Jul 9, 2024
By editor
1 MIN READ

Oil & Gas

THE price of OPEC basket of 12 crudes stood at $86.81 a barrel on Monday, July 8, 2024, compared with $88.15 the previous Friday, 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

July 09, 2024 @ 18:19 GMT|

Tags:


NNPCL not sole offtaker, market open to lower prices from any domestic refinery

 THE Nigerian National Petroleum Company Limited, NNPC Ltd, has said that it is not the sole offtaker for Dangote Refinery product, adding...

Read More
OPEC daily basket price stood at $73.68 a barrel Thursday

THE price of OPEC basket of 12 crudes stood at $73.68 a barrel on Thursday, September 5, 2024, compared with $73.67 the previous...

Read More
NCDMB Lauds Nigerian Content Achievements in NLNG’s Train 7 Project, Calls for Greater Industry Collaboration

THE Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has commended the significant...

Read More