OPEC daily basket price stood at $72.64 a barrel Thursday, 1 November 2018 Vienna, Austria, 2 November 2018--The price of OPEC basket of fifteen crudes stood at $72.64 a barrel on Thursday, compared with $75.24 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).
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Oil Market Highlights Crude Oil Price Movements In September, the OPEC Reference Basket increased sharply by almost 7%, or $4.92 m-o-m, t...