Vienna, Austria, 8 May 2025, The price of the OPEC basket of twelve crudes stood at $61.80 per barrel on Wednesday, compared with $61.88 the previous day, according to calculations by the OPEC Secretariat.
The OPEC Reference Basket of Crudes (ORB) includes: Saharan Blend (Algeria), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basrah Medium (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE), and Merey (Venezuela).