CRUDE OIL: OPEC BASKET PRICE
| Date | Basket price (US$) |
|---|---|
| 2026-10-22 | 115.09 |
Source: Organization of Petroleum Exporting Countries
The new OPEC Reference Basket (ORB)
Introduced on 16 June 2005, is currently 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 Medium (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).
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