OPEC daily basket price stood at $88.50 a barrel Wednesday

✔ Fact Checked by TDPel News Desk

By Lola Smith

Published: January 20, 2022 | 10:31 AM

OPEC daily basket price stood at $88.

50 a barrel Wednesday

VIENNA, 20th January, 2022 – The price of OPEC basket of thirteen crudes stood at $88.

50 a barrel on Wednesday, 19th January, compared with $88.

08 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

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About Lola Smith

Lola Smith is a highly experienced writer and journalist with over 25 years of experience in the field. Her special interest lies in journalistic writeups, where she can utilize her skills and knowledge to bring important stories to the public eye. Lola’s dedication to her craft is unparalleled, and she writes with passion and precision, ensuring that her articles are informative, engaging, and thought-provoking. She lives in New York, USA.