Oil

OPEC Daily Basket Price Stood at $113.39 Per Barrel

The price of OPEC basket of 13 crudes stood at $113.39 a barrel on Monday, March 28, 2022, compared with $115.99 the previous Friday, according to OPEC Secretariat calculations.

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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