Emirates

OPEC daily basket price stood at $88.50 a barrel Wednesday

VIENNA, 20th January, 2022 (WAM) — The price of OPEC basket of thirteen crudes stood at $88.50 a barrel on Wednesday, 19th January, compared with $88.08 the previous day, 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), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

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