OPEC daily basket price stood at $117.20 a barrel Tuesday, 17 May 2022

Vienna, Austria, 18 May 2022--The price of OPEC basket of thirteen crudes stood at $117.20 a barrel on Tuesday, compared with $113.07 the previous day, according to OPEC Secretariat calculations (view archives).

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).