OPEC basket of 13 crudes stood at $51.36 a barrel on Monday

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    The price of OPEC basket of 13 crudes stood at $51.36 a barrel on Monday, January 4, 2021, compared with $50.24 the previous Thursday, 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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