ECONOMY

OPEC daily basket price now $113.39 per barrel

Published

2 years ago

March 29, 2022

Emmanuella Anokam

The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at 113.39 dollars per barrel as at Monday, March 28.

This is compared with 115.99 dollars per barrel of the previous Friday, according to OPEC Secretariat calculations obtained by our correspondent, Abuja as released by OPEC on Tuesday.

The OPEC Reference Basket of Crudes (ORB) is made up of the Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Bonny Light (Nigeria) and Zafiro (Equatorial Guinea).

Others are Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

Related Topics:

Up Next

World Bank develops action plan against GBV

Don't Miss

FG pledges completion of inherited, abandoned water projects by 2023

Emmanuella Anokam

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

Comments

NEWSVERGE

OPEC daily basket price now $113.39 per barrel

You may like

GOOD TO KNOW