Vienna, Austria – April 25, 2025:
The price of the OPEC basket of twelve crude oils rose to $69.94 per barrel on Tuesday, April 24, 2025, according to the OPEC Secretariat. This marks a slight increase from $69.65 per barrel recorded the previous day.
The OPEC Reference Basket of Crudes (ORB) includes a diverse mix of oil from member countries, offering a global benchmark for pricing. The basket comprises:
The slight uptick in prices reflects market sentiment amid global economic indicators and ongoing discussions among oil-producing nations.
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