OPEC Daily Basket Price at $68.16 per Barrel as of Thursday, 1 May 2025

Vienna, Austria, 01 May 2025 – The price of the OPEC basket of twelve crude oils stood at $68.16 per barrel on Monday, down from $68.74 the previous Friday, according to calculations by the OPEC Secretariat.

The OPEC Reference Basket of Crudes (ORB) includes the following blends: Saharan Blend (Algeria), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), Basrah Medium (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE), and Merey (Venezuela).