Business
OPEC Daily Basket Price Stands At $82.77 A Barrel Monday
![OPEC Daily Basket Price](https://theeagle.com.ng/wp-content/uploads/2024/07/opec-dialiy-basket-price.jpg)
OPEC Daily Basket Price: The price of OPEC basket of twelve crudes stood at $82.77 a barrel on Monday, compared with $84.81 the previous Friday, according to OPEC Secretariat calculations.
The OPEC Reference Basket of Crudes (ORB) is made up of the following: 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).
READ ALSO: Non Oil Exports: See List OF Products Driving Nigeria’s Foreign Exchange Earnings
It was $ 82.77, as at 22/07/2024; $ 84.81 as at 19/07/2024, and $ 85.43 as at 18/07/2024. The OPEC Daily Basket Price for other periods are as indicated below:
17/07/2024 $ 84.56
16/07/2024 $ 84.44
15/07/2024 $ 85.31
12/07/2024 $ 86.27
11/07/2024 $ 86.11
10/07/2024 $ 85.4
09/07/2024 $ 85.91